Recently, in an interview with Rug RadioBinance’s founder Changpeng Zhao CZ said that he believed Bitcoin (BTC), in the current cycle, could reach between $5000 and $1,000,000. A $1m price increase from the current levels of prices would be a 961% rise.
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Bitcoin Timeline from $1 Million
CZ, the founder of Binance, isn’t the only cryptocurrency personality who has predicted that BTC will hit $1 million. CZ’s prediction is a bit short-term, while others expect BTC to reach the seven-figure level in just a couple of years.
Ark Invest CEO Cathie Wood believes that BTC will reach $1 by 2030. Wood points to institutional adoption, corporate Treasury investments and nation-state interest as possible drivers of the price increase.
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Jack Dorsey, the founder of Twitter (now called X), also predicts that BTC will reach $1 million by 2030. Dorsey cited the growth of the ecosystem and its potential to disrupt traditional finance as reasons for making his prediction.
Michael Saylor, CEO of Microstrategy, is one the biggest advocates for Bitcoin. Saylor predicts that BTC will reach $180 trillion in market capitalization by 2045. BTC could reach a price of $1,000,000 per BTC coin if such circumstances were to occur.
John McAfee, the late computer expert and analyst, also said that Bitcoin (BTC), if it broke through $100,000 would reach $1 million. BTC passed the $100,000 mark in December of 2024. McAfee didn’t give a specific timeline on when the asset might reach $1 million. Since BTC crossed the $100,000 threshold in 2024 we could be heading to $1,000,000 next.
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Hal Finney predicted that Bitcoin would reach $1,000,000 in 2009. Finney was also suspected of being Satoshi Nakamoto. Finney predicted that BTC could reach $10 per coin, based on the potential of BTC to capture some global wealth.
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Source: watcher.guru
