When do you think Bitcoin will hit $1 million for the first time?

[taufik123]

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It may be sooner or later than you predict.
I wouldn't think too far and wait for Bitcoin to reach $1 million, that seems too greedy.

At the moment, I just hope Bitcoin can reach the last ATH price and form a new ATH in the $100k price area and that's enough.

Everyone has their own target, waiting for $1 million for those who are strong enough to hold for the long term or even hold for their whole life.

Buying and continuing to add Bitcoin assets for the long term.
And maybe it will be a legacy for our children and grandchildren later.

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[Lubang Bawah]

I think the $1 million price can be reached at least it will take another 10 years from now, of course if this year the price can make a new price record or pass the ATH that has happened in 2021, after we wait for the price of $30k and it's been almost a week but no surprises yet big again, many say that when the price of $ 30k has been reached, the price will continue to rise, unfortunately the price is still difficult.

[imamusma]

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We don't know how fundamentally the price will increase after the halving, will this cycle always be what we expect?

History will likely repeat itself, but it may not.
You can make your own analysis whether the bitcoin price cycle is still possible to match the previous ATH cycle, if you find the same thing, then be prepared to be bullish.

Personally I believe in this cycle, so I'm still very optimistic about history repeating itself for the 2024 halving. Even if it doesn't, I think investors will also be making worth returns as prices are looking very bullish ahead of the halving and after.

Maybe the previous history was too sweet what we saw but the journey ahead is still difficult to predict but I also don't deny that the increase in bitcoin prices could be higher when the bullrun really comes but I'm still not sure if 7-8 years bitcoin will be $ 1M it's still too much for us to see.

Maybe we can see how the bitcoin price will be in 2030, but this is still a long way to go and it's not certain that we can survive by crossing the price limit of $ 100K - 200K, maybe at that time we will have released the bitcoin that we have, but if you can survive then you will see fantastic value in your portfolio.

I don't know how I feel when I see high prices.

We all also realize that $1 million for the price of bitcoin is very high. But whatever it is, bitcoin can surprise due to its high hype. There are many factors that can convince us to get a higher bitcoin price than the previous ATH, but of course we have to fight time, and be patient.

[jostorres]

It is inconceivable if the price of Bitcoin can reach $ 1 million, of course it will make a new new millionaire, even many forum members here will become millionaires, I also hope the price of Bitcoin can reach $ 1 million before 2035 or 12 years, if that happens My age in 2035 has been 40 years and I want to retire from the current job.

Well, that will not only make millionaires but will make a lot of billionaires as well considering a lot of people, the whales I mean, have accumulated pretty large stacks of Bitcoin in this bear market that we're just recovering from, and I don't think any of them have sold out yet considering the price isn't too high for them yet and they must be waiting for something better.

Long-term holders will always benefit if they don't fail to keep a hold on their assets even if the price doesn't specifically reach $1m, while on the other hand, panic sellers will regret their decisions once the price goes above and beyond its previous all-time high very soon.