Now, if bitcoin will be able to achieve $1m in due time? Of course it will. There’s only two options for bitcoin, either to drop low or surge high, and right now I’m seeing it’s skyrocketing, so it won’t be surprising for us if one day we will see bitcoin is trading at $1m.
$1 million in the current cycle is impossible because it is still too far away to achieve, but I think it is very possible that BTC will reach $1 million in the next few cycles.
There are phases of bearish and bullish markets, so if there is a sharp decline, there is no need to worry—the recovery will come soon after the bearish phase ends.
Those directly involved in Bitcoin investments will continue to hope for it to reach $1 billion
It's not $1 billion, but $1 million...
In time, we will see the price of Bitcoin touch that price, just like the initial period of its emergence, which slowly continued to experience a significant increase in a relatively short time.
Yeah, we're always optimistic that Bitcoin can reach what's expected... with $1 million being quite realistic within the next 10 years.