In an live interview with Yahoo Finance Coindesk Editor has boldly claimed that bitcoin will be hitting $1 million dollar per one bitcoin, and given the current market trends how realistic do you feel his statements is?. Also if you believe there’s a huge possibility of this being true, then what time frame would you speculate about seeing Bitcoin prices crossing this huge milestone.
Source:
https://finance.yahoo.com/video/believe-estimates-bitcoin-eventually-hit-201346367.htmlHonestly, wasn't really sure if Bitcoin could have that price someday but since everything can happen in crypto then I'd say there's a possibility. 1 million was a crazy amount for Bitcoin but looking on the market now for as for example Doge if they will able to push it to 1$ then certainly Bitcoin can hit 1 million as well since we know Bitcoin was better than most of the altcoins after all. Regarding on the timeframe, one thing is for sure it won't happen this year, it will take a couple of bull cycles and years for Bitcoin to reach that mark.