Blockstream CEO Adam Beck predicts that Bitcoin could reach a $1 million mark by 2028, the end of the current halving cycle. In his view, such a rally does not require extraordinary catalysts - the current dynamics of supply and demand are sufficient. Back noted that the market is in a phase of consolidation: short-term speculators leave, and their coins flow to large long-term holders, which historically predates strong price movements.

The founder of Blockstream also revealed the details of his personal bets: he assumed that Bitcoin would grow into the $500,000-$1 million range by the end of the current four-year cycle. The second bet concerns achieving market capitalization of Bitcoin’s gold parity - a riskier assumption given the rise in the price of precious metal itself. Back emphasized that the "strong hands" phenomenon and institutional capital inflows through spot ETFs lay the foundation for sustainable long-term growth.

Beck’s optimism is shared by other influential figures: Michael Saylor expects $150,000 by the end of 2026 and $1 million over eight years, ARK Invest analysts predict $950,000 - $1 million by 2030. Pavel Durov and the billionaire Ricardo Salinas Plego link the inevitable takeoff of Bitcoin with a systemic currency crisis and uncontrolled central-bank emissions. Against this background, the first cryptocurrency is increasingly seen by institutions as a reliable means of preserving value in an era of macroeconomic instability.

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The material is prepared solely for informational purposes and does not constitute a financial advice or recommendation.