Bitcoin price is determined by the few whales who happened to hold since the early days. If they want they can pump BTC to 1M $ and if they want they can dump BTC to 100$.
Doesnt matter who you are, A BTC holder or a daily trader, whales control BTC price.
What I mean by whale? The person who have more than million Bitcoin.
Bitcoin technology is great but Market is compeletly different story.
they can pump to $1 million?even they will combined all their crypto assets they cannot pump Bitcoin into Million value dude so dont be exaggerated .
for Bitcoin to reach that amount we need also another sets of investors to put money inside cryptocurrency and that needs mass adoption.