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When will Bitcoin reach a million dollars?



Bitcoin is in a major correction at the moment but has trapped and could move back towards a million dollars in the next few weeks. Many investors are wondering if, and especially when, Bitcoin could reach the magic mark of $ 1,000,000. Are we making a cautious forecast?

Probably at $ 100,000 in the current bull market

If we ask ourselves when Bitcoin was able to reach $ 100,000, we have to go into the price history of the largest cryptocurrency and draw conclusions for the future from it. So far we have seen 3 big bull markets in a 4 year cycle: 2013, 2017 and now 2021. These bull markets always ended with a new peak: $ 1,000 in 2013, (almost) $ 20,000 in 2017 and now the milestone of $ 100,000 could be to get broken.

We see that the peaks of the Bitcoin course with the cycles, which are based on the Bitcoin halving events, increase in height many times over. So it would be quite realistic that Bitcoin could be a million dollars by the end of the next cycle.

Bitcoin at $ 1 Million - Will It Be In 2026?

A model that is used again and again to forecast the Bitcoin price in the long term is the stock-to-flow model, one of the most correct forecast models for Bitcoin to date. According to this model, we would have to wait another 4 years after the 2021/22 peak until Bitcoin would be at one million dollars.

Then we go through the next Bitcoin Halving. If we go back to the bull market after the bear market in 2023 and 2024, the price could approach $ 1,000,000. Then, when the parabolic slope kicks in, it could bring Bitcoin to a million dollars.

How safe is the Bitcoin at a million dollars?

Of course, there is no complete guarantee that Bitcoin will ever reach one million dollars. The current cycle already shows that the data can change again and again. The current cycle will probably take a little longer than the last two and the Bitcoin Peak will probably be postponed into next year.

An extension of the cycles is therefore likely, so that the one million for Bitcoin could also move into the years 2027 or 2028. It can of course also be the case that the entire price behavior of Bitcoin changes and no longer experiences such highs in the price. Only the data from the course history show us that a million dollars for the Bitcoin in the future are quite possible.

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