Post
Topic
Board Economics
Re: Do you still believe Bitcoin can reach $1M? Why or why not?
by
Republikcoin.com
on 11/08/2025, 13:44:04 UTC
From the positivity corner yes Bitcoin will wax strong and skyrocket it just takes a matter of time and patience. We are aware of the current price trends reaching up to $120k so then a $1M is possible. Overtime we've seen and heard of the setbacks accompany Bitcoin rising phase but it hasn't changed the fact that it's leading towards more adoption and thus the reason it would be spectacular getting to that very price.
Increased Bitcoin adoption could certainly trigger a general increase in Bitcoin's price because it could also create significant changes in the supply and demand side of the market. Therefore, the $1 million price for a single Bitcoin unit isn't really about whether it's impossible or not, but rather about how long it will take to reach it. While it's certainly not immediately attainable, even though Bitcoin recently returned to $122,000, reaching $1 million will still take more time.