Quant legend PlanB says Bitcoin's "scarcity magnet" could pull prices as high as $1,000,000 before the current bull run ends - with a rough target range between $250K and $1M. His model suggests the BTC supercycle is accelerating as supply tightens and macro catalysts align.

At the same time, Wall Street is turning bullish as JPMorgan and Citi predict a Q4 Bitcoin boom, while ETFs post $3.2B in Uptober inflows - their second-best week ever. The stablecoin market has exploded to $300B, providing rocket fuel for the rally. Analysts say macro conditions, institutional demand, and scarcity dynamics are now converging for Bitcoin's next parabolic leg.

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