Possible can happen but not in a short time. need a process and good market conditions to increase the price of bitcoin or at least reach ATH. If more people are interested in buying and investing in bitcoin the price will continue to rise
After Breaching $10k, The Probability of Bitcoin Hitting $1 Million Has ‘Risen Dramatically’: Raoul Pal
(https://i.imgur.com/dYdELIk.jpg)
The founder and CEO of Global Macro Investor Raoul Pal asserted that he is super bullish on bitcoin after the virtual asset saw a key technical break as it tapped the $10k level. The move above $10k placed BTC in a “perfect wedge” structure which suggests that a bigger move is currently brewing.
Visit For More info: Here (https://zycrypto.com/after-breaching-10k-the-probability-of-bitcoin-hitting-1-million-has-risen-dramatically-raoul-pal/)
Bitcoin price has hit $20K again after a long time. Now some green signal is getting in the crypto market. Bitcoin has the potential to hit $1M. But it will take some time. We have to wait until the next bullrun. We expect Bitcoin to surpass $1M during the next bullrun. That's why Bitcoin is now storing energy. So now we can buy and hold bitcoins.I don't think the price of bitcoin will ever get close to one million dollars. The higher she climbs, the more difficult it will be for her to do so. I think the number of those willing to invest in bitcoin, when it has a high price, will decrease. After all, we see that periodically its price drops to very low values. Of course, we will continue to monitor its price movements and draw appropriate conclusions. In addition, the government will not allow the cryptocurrency to rise too high in price. After all, they may consider this as a threat to the security of their financial system.
We do not need to wish to reach 1,000,000 USD for 1 Bitcoin, by reaching 100,000 USD alone it has become 10x times the price of 10,000 USD for 1 Bitcoin starting from now on the Binance market.
Just imagine with a nominal 100,000 USD = 1 Bitcoin there will be a lot of money in circulation and surely the holders of Bitcoin will experience sudden riches.
Maybe 1,000,000 USD is quite far but everyone has the right to assume and this is legitimate in the world of cryptocurrency.
True. Years ago, nobody could have believed that Bitcoin's price will reach $69k. When Bitcoins price dropped from the 2017 ATH of about $20k to around $3k, some people thought that was the end of Bitcoin, hence all the Bitcoin funerals we witnessed so, I agree thatWe do not need to wish to reach 1,000,000 USD for 1 Bitcoin, by reaching 100,000 USD alone it has become 10x times the price of 10,000 USD for 1 Bitcoin starting from now on the Binance market.
Just imagine with a nominal 100,000 USD = 1 Bitcoin there will be a lot of money in circulation and surely the holders of Bitcoin will experience sudden riches.
Maybe 1,000,000 USD is quite far but everyone has the right to assume and this is legitimate in the world of cryptocurrency.
I agree with you there. This even now still looks quite a time away from now because after the market recovers from this bear market from Bitcoin dipping to around $15k, recovering back to its ATH of $69k and surpassing that to $100k or maybe above and here comes another bear market and the cycle continue will definitely take a long while before a $1m Bitcoin price can be reached even though I believe someday this will happen.
a $1m Bitcoin price can be reachedsome day.
The increase in the price of Bitcoin depends on demand and use in the market, the more countries that use Bitcoin and the more platforms that accept payments using Bitcoin, the price of Bitcoin has the potential to become very expensive, what needs to be done is to keep buying Bitcoin until the supply in circulation runs out and the more hard to get Bitcoin.We do not need to wish to reach 1,000,000 USD for 1 Bitcoin, by reaching 100,000 USD alone it has become 10x times the price of 10,000 USD for 1 Bitcoin starting from now on the Binance market.
Just imagine with a nominal 100,000 USD = 1 Bitcoin there will be a lot of money in circulation and surely the holders of Bitcoin will experience sudden riches.
Maybe 1,000,000 USD is quite far but everyone has the right to assume and this is legitimate in the world of cryptocurrency.
I agree with you there. This even now still looks quite a time away from now because after the market recovers from this bear market from Bitcoin dipping to around $15k, recovering back to its ATH of $69k and surpassing that to $100k or maybe above and here comes another bear market and the cycle continue will definitely take a long while before a $1m Bitcoin price can be reached even though I believe someday this will happen.
I'm not sure about the news because if you look at the current conditions there hasn't been any improvement seen after halving or stabilizing above $ 10,000. If that happens many people will become rich
After Breaching $10k, The Probability of Bitcoin Hitting $1 Million Has ‘Risen Dramatically’: Raoul Pal
(https://i.imgur.com/dYdELIk.jpg)
The founder and CEO of Global Macro Investor Raoul Pal asserted that he is super bullish on bitcoin after the virtual asset saw a key technical break as it tapped the $10k level. The move above $10k placed BTC in a “perfect wedge” structure which suggests that a bigger move is currently brewing.
Visit For More info: Here (https://zycrypto.com/after-breaching-10k-the-probability-of-bitcoin-hitting-1-million-has-risen-dramatically-raoul-pal/)