million dollar BTC

One million dollar for a BTC ... impossible ?

By fredthefred | fredthefred | 23 Feb 2025


Impossible, possible ... or likely ?

Back in time, we see that every halving has generated a bitcoin bullrun. But this time there is much more than that to enhance this new rally. The regulation which was once a threat for bitcoin, and wich still is, is becoming weaker and weaker. The US SEC itself has approved bitcoins ETF ! Gary has -at last- left the SEC under Trump pressure. Trump and his government seems to be crypto friendly, at least.

And as a consequence, the largest US companies have entered the party : Blackrock the largest asset manager has more than 250k BTC for its ETF. But also Microstrategy, Galaxy, Tesla, … own bitcoins. And I don’t see those companies gambling at all. They have assessed the risk and have decided to invest. Whales are also accumulating BTC… and so am I, but at a very different level, of course.

Even States are considering a strategic bitcoin reserve that is a government-owned and operated stash of BTC, just like oil or gold stock. I talk about the US of course but also Japan and countries in Europe (Poland, ...). And this would have been unthinkable a few years ago. And if those states go ahead then the price of BTC could rise dramatically.

Signs are there !

So for me the question is not "will BTC hits 1million $ ?", but "when will BTC hits 1 million $ ?". This cyle, BTC already hit 100 k$. So it might not be for this cyle but probably the next cycle. So see you in 2028 and see what your BTC bag look like.

Let me know what you think. Is 1 million $ possible ? If yes, when ?

See also my previous article in resources below.

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fredthefred
fredthefred

Newcomer in the crypto world, living in France, BTC and ETH hodler.

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