#BTC BTC price reaches 1 million US dollars in the next bull market$BTC
Don’t think that Bitcoin will reach 1 million dollars. In 2012, if you said that BTC could reach 10,000 US dollars, you would be sent to a mental hospital. Now if you say that BTC can fall to 10 US dollars, you will also be sent to a mental hospital.
Nowadays, national teams are entering BTC. Although El Salvador🇸🇻 is the first country to recognize BTC as legal currency, Switzerland🇨🇭 fired the first shot of using BTC as a national reserve asset today. It doesn’t matter who is next. What matters is that there will be the next one, and then the next one, and then everyone will enter the market. So what price do you think BTC, which is only 21 million, will reach to be available for global reserves?
Let's put it this way. Gold reserves are the first choice for each country, followed by the US dollar. If BTC is equivalent to gold, then the amount of gold reserves will decrease in the future, and BTC will continue to rise and eventually replace gold. The current market value of gold is 13.7 trillion, and it will continue to rise over time, while the current market value of BTC is only 1 trillion, which means that there is at least a 13-fold increase, but don't forget that global finance is constantly expanding, so it will exceed 13 trillion or even 20 trillion, and if BTC wants to reach this market value, its price will reach 1 million US dollars. If you subtract the 4 million that can never be recovered, there are still 17 million in circulation, then the unit price of BTC will definitely far exceed 1 million US dollars.
So hold on to your BTC, you will never see BTC below 60,000 next year, so cherish it!
If you don't have BTC in your hand, then pay attention to me and good luck will come. I will keep giving you chicken blood, like and forward it, and encourage more people to hurry up to deliver food, screw screws, move bricks, save money to buy BTC, there is no greater good!