According to some analysts, BTC needs to reach $ 100,000 to take the estimate of $ 1 million seriously. This may happen as early as next year, according to leading analysts like PlanB and Anthony Pompliano.
There are obstacles for $ 1 million bitcoin
However, a Macro Trader is not very optimistic about the $ 1 million estimate. And why are facts such as adoption, volatility and trust. According to the analyst named @CryptoWhale user, there are three main events that continue to raise doubts about the future of Bitcoin and the possibility of reaching $ 1 million. https://twitter.com/cryptowhale/status/1265218439544782853 The analyst cites quantum computers, Satoshi wallets, and government regulations as three main reasons. One of them was the reason that the $ 9,000 support broke down a few days ago. The fear that Satoshi was hiding Bitcoin caused the BTC price to drop. However, with the BTC reaching $ 1 million, it is among the analyst’s views that the US government will definitely intervene in the currency. However, analyst says that with major advances in quantum computing by Google, this will also be alarming for the leading cryptocurrency. You may also like.
