There’s a Brutal Twist Behind $1 Million Bitcoin Price Predictions

By Nick Chong

If you told an early Bitcoin adopter ten years ago that the cryptocurrency would one day hit $1 million, they would’ve laughed. Ten years ago, a single coin traded for less than $1.00; at times, it traded for a price well under a cent.

But times have changed. Now, instead of getting laughed at, those predicting the leading cryptocurrency will hit seven digits are applauded. It’s become a common sentiment in the Bitcoin market that the asset will eventually rocket higher, leaving all other assets in its wake.

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