In a new interview with Back radioBinance founder Changpeng Zhao (CZ) said he believes that Bitcoin (BTC) could top between $ 500,000 and $ 1 million in this cycle. Beating $ 1 million from current price levels would translate to a rally of about 961%.
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Bitcoin’s timeline to $ 1 million
According to Ark Invest Ceo Cathie Wood, BTC can hit the $ 1 mark by 2030. Wood quotes institutional adoption, companies’ tax chamber investments and interest from national states as potential drivers for price nails.
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Twitter (now known as X) Jack Dorsey also expects BTC to hit the brand $ 1 million in 2030. Dorsey emphasized the growth and traditional financing potential of the ecosystem as the causes of his prediction.
The late John McAfee also predicted that Bitcoin (BTC) would hit $ 1 million if it broke $ 100,000. BTC pushed past the $ 100K mark in December 2024. McAfee did not give an exact timeline for when the asset could hit $ 1 million. However, since BTC broke the $ 100,000 mark in 2024, we may be on our way to $ 1 million next.
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The late Hal Finney also predicted in 2009 that Bitcoin (BTC) would go longer than $ 1 million. Finney is also one of the suspects to be Satoshi Nakamoto. Finney said that BTC would reach $ 10 million per coin based on its potential to capture part of global wealth.