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Can Bitcoin Reach $5 Million?
It may sound strange or even silly to ask this now, in the midst of a long and painful crypto winter, but it's still a fair question. Can Bitcoin ever reach the incredible price of $5 million per coin? This is, of course, a question with a long and complex answer. Read on to see my detailed analysis. But the short answer is pretty simple: "Maybe, but not anytime soon." What will it take to raise Bitcoin's price that high? Right now, Bitcoin prices are hovering around the $27,000 mark. The $5 million price target stands more than 18,000% away. That's a long way off. Moreover, there are about 19.4 million Bitcoin ... (full story)