Analyst: BTC has experienced a tenfold increase seven times in history, the next time it will reach 1 million dollars
According to Cointelegraph, some analysts believe that the price of Bitcoin is closer to the $1,000,000 mark than it appears. This is because in Bitcoin's history, it has already experienced a tenfold increase seven times (starting from $0.01), and only needs one more tenfold rise to reach $1 million next time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analysis: The current market is in a risk-on mode, and bitcoin sellers may soon disappear
RootData: QAI will unlock tokens worth approximately $22.88 million in one week
Data: US-listed company Exodus Movement sold 245 bitcoins, reducing its total holdings to 1,902 bitcoins.