Dice are thrown: Bitcoin for $ 1 million, inevitable future

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Bitcoin to zero? This idea is rowed in the Museum of Legends. At 100,000 \ $, some think the story really begins. And they go through the fingers so that the decoration does not cripple. Optimism is everywhere like perfume of revenge. But why so much insurance? What do they see that others perceive? A certain Mike Novogratz thinks they have found the answer. He consulted his graphics … and undoubtedly his stars.

Bitcoin piece exploding as supernova, below is a picture of 1 million

In short

  • Mike Novogratz believes that Bitcoin can do the X10 and equals the capitalization of gold.
  • It promotes its belief in increasing institutional adoption and a strictly limited BTC offer.
  • Bitcoin is now considered a macro asset in the same way as gold or euro.
  • Galaxy Digital holds more than 12,800 BTC and invests in mining and crypto protocols.

Novogratz Bet: One million for 1 BTC, is it logical?

Mike Novogratz, CEO of Galaxy Digital Like Binance, is not a type of tweet in a vacuum. For him, ” Bitcoin has 10 times climbing (…) it’s just to reach gold ». MUST: Makes his accounts. Bitcoin capitalization remains significantly below the level of yellow metal. And in this BTC race he leaves with the main asset: Offer frozen to 21 million units.

Continues:

Accepting bitcoins as an active macro is now the ball that descends to the slope.

Young investors, institutional giants, corporate treasures … Everyone starts. Galaxy Digital, his ship, has more than 12,800 BTC. He also invested in mining and crypto start -up businesses.

But beware: behind this beautiful mechanics is the fear of returning the wand. Novogratz does not rule out tremor. He observes the melting of the dollar, the policy of vaccination and recalls that speculation likes a roller coaster. Even optimists must maintain their belts connected, especially if the bitcoin scenario for a million dollars is necessary to continue adoption.

Too many prophets for one bitcoin?

Mike Novogratz is not alone in ULTRA-HAUSSIERS Club. There is also Michael Saylor, an unrivaled maximalist. Has more than 580 000 BTC through Microstratega. And that puts it. The bear market is completed ». Cathie Wood, partly, announces BTC for $ 2.4 million by 2030. Robert Kiyosaki, more dramatic, sees Hyperinflation Push Gold to $ 25,000… And Bitcoin at 1 million.

Fan Dream Club? Not exactly. All These names manage billionsThey affect markets and have service conditions. We could smile before their fiery predictions. However, their arguments are based on macro data: dedollarization, financial instability, leakage to alternative assets.

Is there one question: is their enthusiasm for strategic clarity or simple confirmation distortion? Because if you are thoroughly exposed to BTC, it is better to believe it. Dreaming is also a self -service person. But when so many voices are converged, it is difficult to sweep all hands.

Reason to keep or green light to dream of BTC?

Rear In 2022. Mike Novogratz acknowledged this ” Fraudulent and poorly managed projects began confidence in crypto ». He did not hide his frustration. Still, It remained convinced that ” The industry has strengthened »» After this cleansing. Today he puts his tokens on the table. This time, however, there is a difference: signals are better.

The dollar drops, funds are reorganized and BTC is over $ 100,000. Can we hope without naivety? They think.

Many BTCs have been lost, more than need to be undermined.

The rarity is tightened. And those who understand it do not want to wait.

Here’s what the numbers say:

  • Galaxy Digital still holds more than 12,800 BTC;
  • 3 % of the total offer is already in the hands of institutional funds;
  • $ 70 billion is managed by the most impressive Bitcoin ETF;
  • Bitcoin has jumped by 50 %over the last 12 months;
  • The symbolic ceiling of the million is only the effect of macro levers combined with rare.

So yes, dreaming is not prohibited. But maintaining a clear mind is necessary. Each additional BTC attracts a new look. Every dollar more weighs harder. It is up to everyone to read the picture … or to paint their own trajectory there.

There are people who focus on stars and those counting orbit. In this second group, Bernstein House keeps a cold head. He does not like a month, but this year it announces Bitcoins $ 200,000. A more modest cap, but which could be the brightest prediction of the moment in the time of large flights.

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Blockchain and crypto revolution! And the day when the impacts will be felt on the most vulnerable economy of this world, I would say against all hope that I was there for something

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.

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