Bitcoin has the potential to reach $1 million, driven by its scarcity (fixed supply of 21 million), increasing institutional adoption, and its appeal as a hedge against inflation. As traditional financial systems face challenges, BTC is increasingly seen as "digital gold" with long-term value. However, its path to that valuation depends on various factors like regulatory clarity, market demand, and technological advancements. While some view this target as speculative, others see it as plausible, considering Bitcoin's disruptive nature and growing role in global finance.

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