BTC > 1M ?

[zaim7413]

The answer is maybe, in this case it might exceed 1 million or it might never happen at all. Who can guess what will happen in the future, everything is still just a prediction based on analysis. Actors involved in crypto assets very often use technical analysis in analyzing the crypto asset market, technical analysis uses the philosophy that market trends will repeat themselves, even though you can predict price increases and decreases in the near future, you cannot know the average value for each period 24 hours.
You have to learn a lot to know price trends, from knowing most of the analytical techniques to reading candlesticks so you can determine the right time to fill your wallet with Bitcoins.

[yhiaali3]

So, you mean by 2043 the dollar won't be usable this year after 2 decades? How did you say this, I'm just asking? Is there a figure or hold that can be relied upon that what you are saying is true?

Although for me that's okay when it happens, but most of them will disagree with what you mentioned, because what we're talking about is now, so whatever we say will happen in the future, it will remain just a speculation . So it's up for debate until it happens, right?

I did not say that in two decades the dollar will not be usable, I said the dollar will not be dominant, there is a big difference.

The dollar will continue to exist, just like any fiat, but it will not be the dominant currency in the world economy, meaning that the global economy will be disengaged from the dollar in favor of another currency, perhaps the euro, the yuan, the BRICS currency, or bitcoin, no one knows.

Of course, these remain just speculations and wishes and do not necessarily materialize on the ground. I wish bitcoin would be the global currency to replace the dollar.

[South Park]

So, you mean by 2043 the dollar won't be usable this year after 2 decades? How did you say this, I'm just asking? Is there a figure or hold that can be relied upon that what you are saying is true?

Although for me that's okay when it happens, but most of them will disagree with what you mentioned, because what we're talking about is now, so whatever we say will happen in the future, it will remain just a speculation . So it's up for debate until it happens, right?

I did not say that in two decades the dollar will not be usable, I said the dollar will not be dominant, there is a big difference.

The dollar will continue to exist, just like any fiat, but it will not be the dominant currency in the world economy, meaning that the global economy will be disengaged from the dollar in favor of another currency, perhaps the euro, the yuan, the BRICS currency, or bitcoin, no one knows.

Of course, these remain just speculations and wishes and do not necessarily materialize on the ground. I wish bitcoin would be the global currency to replace the dollar.

This is a possible scenario and most likely the reason it has not happened is that we do not have a clear candidate to replace the dollar, if we had it it is possible the dollar had already lost its dominance, however this also demonstrates the weakness of the world economy, and this means that if another event similar to the pandemic or the war at Ukraine strike us, then it is possible this will put the dollar in an even more precarious situation and bring greater instability to the world during the next years.

[Balmain]

There is no such thing as impossible if we look at the current price since Bitcoin first came out. At that time, when you asked if it was 50 thousand dollars, it was even more impossible. Now there is a bitcoin that has proven itself for how many years. While fiat currencies are not protecting their value, I am getting more and more warm towards bitcoin, because the correct store of value and technology will replace what is missing, so everything is possible in bitcoin, but it takes time.

[GeorgeJohn]

Bitcoin to 1 Million is it really possible?

Nobody can underrate and underestimate bitcoin acceleration in price, because its very obvious that bitcoin price always flows to a point that marvels or astonish investors, secondly bitcoin is a technology that nobody can predict accurately its regulation and rotation in market, so therefore we have to believe in everything that come across of bitcoin increment and bitcoin decrement in price,  we have to knothat the technology of bitcoin can make bitcoin to reach to unexpected points of bitcoin.

[STT]

When they degraded the Ruble in the late 90's the conversion factor was 10,000 to 1 from old to new.   So in that respect, yes 1 million and anything is possible but its hardly the nice answer you want to hear.   We will see gains just from the losses in ratio of weaker currencies, ask someone from Venezuela whats its like and the higher prices may not be the dream you wanted but a nightmare of chaos.  Governments make mistake, its not a new thing.

[TheGreatPython]

Now that the big guys like Blackrock are moving into the space, a massive jump in price seems almost inevitable. If their ETF gets approved it will be a situation of the higher Bitcoin’s price goes the more money they’ll be able to take in on fees, which will act as a feedback loop as they accumulate everything they can buy using their own investor’s money.

This good news is really surprising and it's true that June will be bullish especially,
I'm sure Q3 Bitcoin will go to $ 50k first before another correction,
and 2024 will probably be to $ 65k after that 2025 Bitcoin will be more than $ 150k, hopefully it will happen.

We need to make assumptions based on the history of the market and also the current events in the mainstream world, do you really think with all the FUD, fear, panic selling, and bad news circulating all around the month of June can be bullish? There is only a week and a few days left and I don't see any signs of that, instead, the price keeps falling because we don't have a lot of positive things going on around cryptocurrency world lately.

So we are not about to see that happen anytime soon, we need to first get out of all these FUDs and bad news and exchanges getting sued, after that, we might see some positive price action going on, otherwise, it will only be like this for the whole year I'm afraid.

[kotajikikox]

but what people keeps looking is about the value of bitcoin against dollar and not what it is truly with for the future.

It is not necessary for us to search for the value of Bitcoin against the dollar. I expect that during the next two decades, the dominance of the dollar will end, perhaps in favor of the BRICS currency, the yuan, the euro, or any other currency, but it does not necessarily have to be the dollar.

but that is what mostly does mate and until now they are showing stupidity about valuing bitcoin against dollar and not the true value and meaning of cryptocurrency.
bitcoin should be for future and not as bread and butter for some losers in life.

Also, the value of bitcoin against the dollar or other fiat is not important. What is important is the purchasing value of bitcoin at that time, because if inflation continues at the rate at which it is going, the purchasing power of the dollar will drop dramatically in the near future.

I hope that at that time Bitcoin becomes the dominant currency linked to the world economy instead of the dollar.

actually for some it is important as they are not actually use bitcoin for purchasing but they are doing this just to invest and take the value after hyping .

[kro55]

Now that the big guys like Blackrock are moving into the space, a massive jump in price seems almost inevitable. If their ETF gets approved it will be a situation of the higher Bitcoin’s price goes the more money they’ll be able to take in on fees, which will act as a feedback loop as they accumulate everything they can buy using their own investor’s money.

This good news is really surprising and it's true that June will be bullish especially,
I'm sure Q3 Bitcoin will go to $ 50k first before another correction,
and 2024 will probably be to $ 65k after that 2025 Bitcoin will be more than $ 150k, hopefully it will happen.

We need to make assumptions based on the history of the market and also the current events in the mainstream world, do you really think with all the FUD, fear, panic selling, and bad news circulating all around the month of June can be bullish? There is only a week and a few days left and I don't see any signs of that, instead, the price keeps falling because we don't have a lot of positive things going on around cryptocurrency world lately.

So we are not about to see that happen anytime soon, we need to first get out of all these FUDs and bad news and exchanges getting sued, after that, we might see some positive price action going on, otherwise, it will only be like this for the whole year I'm afraid.

Anything is possible, and bitcoin always brings us many surprises. Although when looking at the market, the negative news is still in the market, so thinking of a rally is not feasible but if you check the market today, bitcoin is back at $27k. 10 days to the end of June, and it's hard to say what will happen, I can't be sure bitcoin will rise in the remaining days, but you also have no evidence that it will continue to fall in the days next.
To be honest, I find investing in bitcoin very interesting because of its unpredictable volatility, when we predict it to fall, it will increase, and vice versa.

[Mario Yamasaki]

The increasing number of bitcoin users makes hope to reach $ 1 million is realistic, I'm sure before 2033 or 10 years the price has reached $ 1 million and the best we do now is to continue to buy, and focus on long -term hold is the best option to become a rich person because of Bitcoin.

[YUriy1991]

Maybe yes maybe no. The price of BTC can go up or down quickly, so it's very difficult to predict with certainty. There are those who say Bitcoin can break through more than 1 million dollars in the future like you said, but there are also those who are skeptical. Many factors influence it, but in current developments, many financial institutions are participating in using Bitcoin to protect money from inflation. So basically we can't predict with certainty whether the price will reach 1 million or not.

[Mpamaegbu]

Bitcoin to 1 Million is it really possible?

If Bitcoin could go from less than $1 a decade ago to over $68k in 2022, I don't see why it can't go to $1 million too. Bitcoin is more likely to hit  >$120k this coming bull rally that's expected to get to its crescendo in 2025. From the way Bitcoin is toppling its ATHs to set new records every circle, $1 million is highly feasible; only that we don't know when that will be. Expect there's an apocalyptic disruption, Bitcoin will get there. Those who calculate market cap at $1 million per BTC to doubt this, should ask themselves if they ever thought Bitcoin could get to $1k a decade ago.

[laurenB7742]

Maybe yes maybe no. The price of BTC can go up or down quickly, so it's very difficult to predict with certainty. There are those who say Bitcoin can break through more than 1 million dollars in the future like you said, but there are also those who are skeptical. Many factors influence it, but in current developments, many financial institutions are participating in using Bitcoin to protect money from inflation. So basically we can't predict with certainty whether the price will reach 1 million or not.

Well, no one can predict what will happen in the future, but if we are based on what history has shown us and what is happening, then why can't bitcoin hit $1 million? 10 years ago, nobody thought bitcoin could hit $100, and nobody thought bitcoin could hit $10k and then $69k. In the end, everything that we all don't believe will happen, but does, so if you have enough faith in bitcoin, there's no reason not to believe bitcoin can't. As an investor in bitcoin, we should be optimistic and believe in it.

[Texac]

The increasing number of bitcoin users makes hope to reach $ 1 million is realistic, I'm sure before 2033 or 10 years the price has reached $ 1 million and the best we do now is to continue to buy, and focus on long -term hold is the best option to become a rich person because of Bitcoin.

I don't know if it will happen or not, but if you are sure it will, then I disagree with you on that.  even bitcoin price prediction for tomorrow, no one can predict, let alone predict bitcoin price in the next 10 years. bitcoin will rise and will be higher than the current price, but no one knows how much it will rise, and everything has its limit, bitcoin is no exception.  1 million dollars is really a big number, and I never dared to think about it, what I am expecting is bitcoin will reach 100k.

[Minecache]

I'm sure Q3 Bitcoin will go to $ 50k first before another correction,

What evidence do you have to confirm or prove what you say? As we all know, predicting the future is impossible and especially for a volatile asset like bitcoin.

and 2024 will probably be to $ 65k after that 2025 Bitcoin will be more than $ 150k, hopefully it will happen.

If those are all your hopes and expectations, be optimistic and believe in your goals. But don't claim anything if you don't have proof or are talking about the future.

yes, I don't claim it but I'm optimistic about it, look at this time good news one by one appears and that's good,
moreover the price of Bitcoin also rebounded from $ 25k to $ 26k, even though it went up $ 1000 I think that's a good start.

I like people who are optimistic in investing. But we also need to be realistic, not too dreamy, because that won't make us any better. Sometimes we put our hopes up too much, and if it doesn't go as we expected, we despair, and that's not good.

Bitcoin price rising and falling $1k or $3k is normal and can be said to happen daily. That is not a positive signal that the market will recover soon. Again, I just want to say, we should be realistic and always have a backup plan because the market is unpredictable. Don't be too pessimistic but also don't be overly optimistic, always face what is happening.

[Pejoh Asu]

I think $1 million is a thing that will happen, many analysts believe $1 million will happen in 2 halving days i.e. 2024 and 2028, and I think it's normal that in a maximum of 10 years the price can reach $1 million, this is because of the number of active bitcoin users around the world continues to increase.

[kawetsriyanto]

I think $1 million is a thing that will happen, many analysts believe $1 million will happen in 2 halving days i.e. 2024 and 2028, and I think it's normal that in a maximum of 10 years the price can reach $1 million, this is because of the number of active bitcoin users around the world continues to increase.

It is not impossible since Bitcoin value is always increasing from one halving to another halving. But no one knows on which halving the Bitcoin price can reach $1 million. Although there are some analysts who state that $1 million can be achieved in the next 2 halvings, I think it is purely speculation only. No guarantee for $1 million in 2028 or 2029, even Satoshi can't guarantee it. Sure, the number of people who are involved in Bitcoin keeps increasing, but it is not the only factor to trigger Bitcoin value to grow significantly. If there is much bad news in the future, the price growth can be a bit slow or even free fall. Moreover, we must have bearish seasons in the future, it is the time when Bitcoin price tends to drop.

[stomachgrowls]

I'm sure Q3 Bitcoin will go to $ 50k first before another correction,

What evidence do you have to confirm or prove what you say? As we all know, predicting the future is impossible and especially for a volatile asset like bitcoin.

and 2024 will probably be to $ 65k after that 2025 Bitcoin will be more than $ 150k, hopefully it will happen.

If those are all your hopes and expectations, be optimistic and believe in your goals. But don't claim anything if you don't have proof or are talking about the future.

yes, I don't claim it but I'm optimistic about it, look at this time good news one by one appears and that's good,
moreover the price of Bitcoin also rebounded from $ 25k to $ 26k, even though it went up $ 1000 I think that's a good start.

I like people who are optimistic in investing. But we also need to be realistic, not too dreamy, because that won't make us any better. Sometimes we put our hopes up too much, and if it doesn't go as we expected, we despair, and that's not good.

Bitcoin price rising and falling $1k or $3k is normal and can be said to happen daily. That is not a positive signal that the market will recover soon. Again, I just want to say, we should be realistic and always have a backup plan because the market is unpredictable. Don't be too pessimistic but also don't be overly optimistic, always face what is happening.

This is what people should really be thinking up on which they shouldnt really be that way too optimistic on prices on which it do really comes into a point on which reaching out with those unrealistic numbers.

It would be rather better if you do just simply go with the flow and be wary and cautious if you are really that able to enter on market prices whether high or low. Profitability would really be varying on how you do act
fast whether you do sell or accumulate. Each of us does have different approach on how this market moves on which it would really be just that normal that sometimes when emotions do kicks in then it is
one of the factors that would really be giving out that kind of different insight towards the price and sometimes we do really go into those unrealistic points which it cant really be avoided sometimes.
Better to mind off on how we would gonna break its  previous ATH of 69k... Having that 100k target is something more realistic that 1M.

[yohananaomi]

I think $1 million is a thing that will happen, many analysts believe $1 million will happen in 2 halving days i.e. 2024 and 2028, and I think it's normal that in a maximum of 10 years the price can reach $1 million, this is because of the number of active bitcoin users around the world continues to increase.

a reasonable prediction that it will indeed occur several times the previous ATH, which has indeed been done by bitcoin so far. but it looks like getting to $1M might not be as fast as expected, because it might not be the maximum value. it is possible to achieve it, I think there will be several halving periods and I might predict it will occur in 2035. Hopefully, in the future ATH [2025] it will be able to reach the maximum value so that $1M can be easily obtained, remember to keep buying and holding it so you can also feel from this improvement.

[peter0425]

Bitcoin to 1 Million is it really possible?

Mark this date mate , and count at least another 10 years and then update us for what you can see in the market .
because in the next coming years we might see the 6 digits breaking meaning it wont take long before the price finally hit that 7 digits or 6 zeros value in it.