The bull cycle was considered when the Bitcoin price decreased tragically about 75,000 dollars earlier in March 2025. After achieving the highest level at all times from 100,000 dollars, most investors were afraid that the first cryptocurrency would have already reached the top of the current session.
Unlike the common belief, the price of Bitcoin has since designed many high levels at all, with the current record increased by about 122,800 dollars. Interestingly, the consensus of the famous market now is that it represents only a matter of time before the BTC price reaches seven numbers.
How will Bitcoin reach one million dollars in 10 years?
In a conversation Publishing on x Mitchell Askew platform, Bitcoin Bitcoin analyst, joined a growing list of experts to make a $ 1 million offer for the first encrypted currency. According to the analyst, the BTC price is expected to achieve this main landmark over the next ten years.
The interesting thing is that ASKEW is expected to reach the price of Bitcoin to a $ 1 million rating in the next ten years. The encryption intelligence expert believes that “the days of equivalent bull markets and destroyed bear markets have ended” for the leading cryptocurrency.
Source: @MitchellHODL on X
ASKEW is the most prominent that Bitcoin looks like completely different assets before and after the launch of the boxes on the stock exchange (ETFS) in the United States. With this transformation, the analyst expects the BTC price to reach one million dollars by a fixed fluctuation between the “pump” and “unification”.
Askio added:
Everyone will bear to death along the way and the tourists call on their sites.
It should be noted that the Eskio’s thesis is in line with the recent claim that the Bitcoin session theory has died. In essence, both beliefs state that the first cryptocurrency currency is less likely to experience the extended bear market that usually follows after running the bull – a theory based on the introduction of institutional players through the traded investment funds.
Bloomberg experts support ETF “pump and integration” theory
Bloomberg analyst ETF Eric Balunas Agreed With the theory of Escio about the movement and path of bitcoin since the boxes circulated on the stock market have reached the market. According to The Pundit, the Bitcoin Market has seen less volatility and lower corrections since Blackrock’s introduction to the BTC ETF spot.
Ultimately, the growing atmosphere of stability around the first cryptocurrency made it a more attractive investment choice for big institutional players. Balonas also acknowledged that the BTC price is now less likely to experience the main tyrants in short periods – as shown in the past.
Over the past week, the bitcoin price often moved sideways, swinging between $ 120,000 and $ 115,000. From writing these lines, the value of the leading company in the market is estimated at about $ 117,900, which reflects 0.4 % price increase in the past day.
Distinctive image from Istock, tradingvief chart
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The post Slow And Steady Wins? Bitcoin To Hit $1M Via ‘Pump’ And ‘Consolidate’ Pattern: Expert first appeared on Investorempires.com.
