Bitcoin (BTC) Price Will Surge Well Beyond $100K, Potentially Hitting $500K–$1M by 2025: Adam Back

Adam Back believes Bitcoin's price will surge well beyond $100K, potentially hitting $500K–$1M by 2025.

Bitcoin (BTC) could hit $500,000 to $1 million by the end of 2025 as a top would be "far too low," predicts Adam Back, CEO of Blockstream.

In the world of Bitcoin, few voices carry as much authority or are as frequently quoted as Adam Back, the CEO of Blockstream and a figure often rumored to be Satoshi Nakamoto himself. Now, Back has made a bold Bitcoin price prediction that’s grabbing the crypto world’s full attention.

According to him, Bitcoin could soar to $500,000 and possibly even $1 million by the end of 2025. Here’s why he thinks this could happen.

Bitcoin Is In An Early Bull Run

As of now, Bitcoin is trading around $94,179, but Adam Back thinks this is just the beginning of a massive bull run. According to him, we are still in the early stages of a major Bitcoin cycle fueled by historic levels of demand.

With spot ETFs now live, big Wall Street firms jumping in, and sovereign wealth funds eyeing Bitcoin, the competition to secure the limited supply is stronger than ever.

Big Players Are Buying Up Bitcoin Fast

Adam expects a global domino effect once countries start buying Bitcoin as a reserve asset and other nations will follow to avoid being left behind. This, combined with increasing interest from pension funds and mutual funds, could create a buying pressure like we’ve never seen before.

However, a similar prediction Adam Back made on the Milk Road Podcast, Back said Bitcoin could first hit $500,000 and then climb to $1 million. He also pointed out that after the last few halving, Bitcoin’s price gains have slowed down.

Adam Back is the CEO of Blockstream and a legendary figure in the Bitcoin space. He is even rumored by some to be Satoshi Nakamoto, Bitcoin’s anonymous creator.

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