Apollo's Co-Founder has made a bold prediction that Bitcoin could soar to $5 million, echoing sentiments expressed by MicroStrategy CEO Michael Saylor. This forecast is based on increasing institutional interest and significant market developments poised to elevate Bitcoin's value to unprecedented levels.

The "holy trinity of bullish catalysts" is nearing completion, setting the stage for the most remarkable price surge in Bitcoin's history. These catalysts include the approval of spot Bitcoin Exchange Traded Funds (ETFs), the Financial Accounting Standards Board's (FASB) implementation of fair value accounting rules for digital assets, and major financial institutions offering custodial services and lending against Bitcoin as collateral.

Bitcoin has shown an upward trend in recent weeks, consistently finding strong support above the $60,000 level. Technical indicators further reinforce the optimistic outlook for Bitcoin, with the Relative Strength Index (RSI) showing above-average values and the Moving Average Convergence/Divergence (MACD) indicator signaling potential buying pressure in the market.

As Bitcoin continues to gain mainstream acceptance and adoption, the stage is set for a remarkable price surge. With increasing institutional interest and significant market developments, the largest cryptocurrency is poised to reach unprecedented levels, potentially surging to $5 million as predicted by Apollo's Co-Founder.