A victory for Bitcoin

[lionheart78]

In thinkh, Former Coinbase CTO Balaji Srinivasan's prediction of 1 BTC being worth 1 million USD in 90 days may seem unrealistic to some, but it has shown that Bitcoin has the potential to reach new heights. Srinivasan's prediction is based on the US banking system and hyperinflation, making it a reliable long-term prediction.

There, you had stated it in the long-term and 90 days isn't considered a mid-term let alone a long term.  That 90 days prediction is really unrealistic.  No matter how you prove his statement with the either fundamental or technical analysis, the prediction is still fictional. 

Institutional investments in Bitcoin by companies like Tesla and MicroStrategy have also increased its market cap and legitimacy. Bitcoin's market dominance of around 45% can lead to a significant increase in market cap when it rises above 65% or more. As people continue to learn about Bitcoin, it's likely that it will achieve significant growth in the near future.

Will this stated increase in statistics  can lead Bitcoin to $1m a piece within less than 90 days?  I bet no because as we all know there are process and requirement needs to met before a certain event in the market trigger.  And as I stated, learning without adoption will have no effect on Bitcoin market.

[NotATether]

I like the art, so I gave you the merits for Full Member rank.

[S A KHAIR]

In thinkh, Former Coinbase CTO Balaji Srinivasan's prediction of 1 BTC being worth 1 million USD in 90 days may seem unrealistic to some, but it has shown that Bitcoin has the potential to reach new heights. Srinivasan's prediction is based on the US banking system and hyperinflation, making it a reliable long-term prediction.

Institutional investments in Bitcoin by companies like Tesla and MicroStrategy have also increased its market cap and legitimacy. Bitcoin's market dominance of around 45% can lead to a significant increase in market cap when it rises above 65% or more. As people continue to learn about Bitcoin, it's likely that it will achieve significant growth in the near future.

While not realistic, it could happen especially if there is greater support coming to bitcoin at the right time, such as before the bitcoin price started to increase.
But maybe that won't happen in the next 90 days because the distance between the current and peak prices is too far.
So even if there is support coming into the bitcoin market, it may not be able to make its price increase quickly if it isn't overwhelming support.
We also have to be patient, waiting for everything to happen and in the meantime, we can accumulate more bitcoins.

One million dollars per bitcoin means that the market capitalization of bitcoin will reach 20 trillion dollars, and the entire market capitalization will be 40-50 trillion. It will be close to the global stock market and many times more than gold. It's an unrealistic thing, we don't even know what will happen with crypto, let alone that far away.

[raidarksword]

We seeing the victory of bitcoin piece by piece when banks are starting to collapse one by one and this the proof that banks cannot be trusted with out money wherein it is only backed up by trust of US federal reserves. Bitcoin proves that it cannot be controlled by the government, institutions and banks that why Bitcoin is embracing the success as more banks run is coming this year. Banks down, bitcoin is UP~

[tread93]

Great picture! Bitcoin to 1 mil in 90 days would be sick! I think it's a tough bet for sure 🤔 we will see how this one plays out lol. Im going to see that in my lifetime, I do believe that it will happen! 1 Bitcoin = 1 million dollars worth. I'll say 2032 at the absolutely latest.

[awik p]

1 bitcoin = 1 million dollars, it's really fantastic when we hear about it, but if that increase occurs in just 90 days, of course it's logically difficult to happen, but anything can happen in the market. of course we can take the positive side with this news of course there will be more and more people investing in bitcoin so that it can increase the price of bitcoin, even though until the end of this year it has not even reached 1 million dollars, as long as there is an increase and the bullish season comes out, that is already a relief for the investors

[summonerrk]

...
Finally, i will say that people are learning to value BTC so we will be able to achieve it in the near future even if not in 90 days.

Unfortunately, everything is not so good. I understand that I want to hear some encouraging forecasts about the price of bitcoin, but no one in the world can know how much this number one cryptocurrency will cost tomorrow. And the indicator that many campaigns have invested in it is not an indicator of the reliability of bitcoin.
At any moment, all these corporations can withdraw money back to the dollar and then the price will collapse like a house of cards.

But if dade Bitcoin will cost at least 200k, it will already be great.

[Outhue]

I won't be surprised if Bitcoin did not pass 100k in the next bull market, this is a marketing strategy to create unrealistic dreams to those that will FOMO in and I think this Balaji must have bought a lot of Bitcoin at the dips.

The only way to get his hands on a freaky amount of money is brainwashing people to believe that Bitcoin will be worth a lot in the future, I don't think this will ever happen sooner, not even in the next 10 years later, remember, we still have 200k,300k, 500k per Bitcoin, it sounds so fake to believe this prediction.

I hope none of you guys will be foolish enough to halt when Bitcoin makes a new all-time high and keep expecting Bitcoin over a 100k dollars before you can sell.

The harsh truth about the crypto pump is some people will lose while others will win, do not get too insatiable or you will get burnt.