-
Could Bitcoin hit US$1mn. Yes. Here's what it would take. 4 key requirements.
Bitcoin $1 million? Coin Telegraph asks the question. I've summarized: Bitcoin has hit record highs few expected. Key drivers include the launch of spot ETFs in 2024, with BlackRock’s iShares Bitcoin Trust attracting $1.3bn in two days, and U.S. President Trump’s March 2025 order creating a Strategic Bitcoin Reserve of 200,000 BTC. Optimism peaked at “Crypto Week” in July, when Bitcoin touched $123,166. Is $1 million Bitcoin possible? Several factors suggest it is possible, though challenging: • Limited supply: Capped at 21m coins, Bitcoin’s scarcity mirrors gold. • Institutional inflows: Large players ... (full story)
- Comments / Top
- Subscribe
-
Related Stories
From morningstar.com | Sep 19, 2025
With the signing of Executive Order 14233 in March 2025 to establish America's first Strategic Bitcoin Reserve, President Donald Trump didn't just make policy history - he potentially changed the investment landscape for millions of Americans. For the first time, the U.S. government is officially treating bitcoin (BTCUSD) as a national reserve asset, ...
From cointelegraph.com | Sep 19, 2025
Bitcoin missed a key daily close into Friday as traders expected short-term BTC price losses. Data from Cointelegraph Markets Pro and TradingView showed that BTC/USD narrowly avoided a daily close above $117,200. This had been one of the key lines in the sand on short timeframes — a reclaim would allow price to revisit $120,000, analysis said. “Once we gain ...
From finance.yahoo.com | Sep 19, 2025
Bitcoin is cooling near $116,000 after its post-FOMC rally, with traders closely watching liquidity levels to gauge the next move. What Happened: Prominent analyst Kevin noted on Patreon that Bitcoin is attempting to form a cup-and-handle on the 4-hour chart, but momentum stalled near $118,000—just below the key 0.786 Fibonacci level at $118,300. He pointed ...
