Bitcoin Will Reach $1 Million If the US Creates a BTC Reserve — CIO Bitwise

The probability that the US will create a strategic bitcoin reserve in the near future is less than 10%, but in this case the asset price will break through the $1 million level, according to Bitwise CIO Jeff Park.

If this happens at a bitcoin price of $90,000, the growth will be 277% — to $250,000. At a rate of $70,000, the impact of the event will be larger, and the asset value will eventually break through $1 million, according to Park's forecast.