{"id":555905,"date":"2023-10-18T19:00:03","date_gmt":"2023-10-18T19:00:03","guid":{"rendered":"https:\/\/wncen.com\/?p=555905"},"modified":"2024-06-11T07:00:05","modified_gmt":"2024-06-11T07:00:05","slug":"bitcoin-1000000-timeline","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/","title":{"rendered":"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline"},"content":{"rendered":"

Since the Bitcoin Price crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and on the other extreme end, $1,000,000. Over time, various analysts and pundits have put forward their forecasts, but the most recent of these is from budding economist Alessandro Ottaviani who believes BTC<\/a> could hit the $1 million mark in the next three years.<\/p>\n

Bitcoin Price On Its Way To $1 Million<\/h2>\n

Ottaviani starts out his X (formerly Twitter) post<\/a> by pointing out that the Bitcoin market cap had climbed rapidly following fake news of a Spot Bitcoin ETF approval. Now, recall that on Monday, media outlet Cointelegraph made a post on X<\/a> saying that the US Securities and Exchange Commission (SEC) had approved the BlackRock iShares Spot Bitcoin ETF filing.<\/p>\n

Related Reading: BlackRock Reacts To False Bitcoin Spot ETF Approval News In A Positive Way<\/a><\/div>\n

Following this, the price of Bitcoin surged above $30,000 and in a matter of minutes, over $50 billion was added to the crypto\u2019s market cap, as Ottaviani points out. Going by BTC\u2019s reaction to this news which eventually turned out to be fake, the analyst was able to draw a parallel for what might happen when Spot Bitcoin ETFs are approved for real.<\/p>\n

\n

Main take away of today: Bitcoin makrket Cap went up by more than $50 billion in minutes, and very likely the money flowing into Bitcoin were less than $500 million (ratio 100:1)<\/p>\n

A former Blackrock Director said that we can expect $150-200 billion flowing into Bitcoin in 3\u2026<\/p>\n

\u2014 Alessandro Ottaviani (@AlexOttaBTC) October 16, 2023<\/a><\/p><\/blockquote>\n

Ottaviani points out that this $50 billion increase in market cap came from an around $500 million injection into the market, meaning the market cap rose at a ratio of 100:1. Thus, going by what BlackRock Director and CEO Larry Fink said<\/a> about a Spot ETF triggering a $150 billion to $200 billion inflow into the asset, Ottaviani explains that this would put BTC\u2019s market cap<\/a> at $21 trillion. At a $21 trillion market cap<\/a>, the price of each BTC would be going for $1 million.<\/p>\n

Now, about when this might happen, Ottaviani reverts to Fink\u2019s statement. When Fink made his forecast that $150-$200 billion could flow into Bitcoin, he said that this could happen over a three-year period. So if a Spot Bitcoin ETF is approved in 2024 as Bloomberg analysts believe, then the price of Bitcoin could reach this $1 million mark in 2027-2028 if all goes as planned.<\/p>\n

\u201cSurely on the way up there will be many people selling, but this is already directionally clear how much could be the effect of the BTC ETFs being approved,\u201d Ottaviani said in the X post.<\/p>\n

\"Bitcoin<\/p>\n

BTC still miles away from $1,000,000 | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Other $1 Million Predictions For BTC<\/h2>\n
Ottaviani is only the most recent in a long line of market participants and crypto enthusiasts who have predicted that the price of Bitcoin would reach $1 million. Some notable personalities who believe it will reach this level include ARK Invest CEO Cathie Wood, Coinbase CTO Balaji Srinivasan, and finance author Robert Kiyosaki.<\/p>\n
Cathie Wood who has been a very vocal proponent of Bitcoin said last year that she expects the price of BTC to hit $1 million by 2030<\/a>. Due to this belief, Wood\u2019s investment firm ARK Invest has been heavily investing across the crypto space, buying hundreds of thousands of shares in the Grayscale Bitcoin Trust, as well as Coinbase stock.<\/p>\n
Related Reading: Bitcoin Whale Addresses See Unprecedented Jump, Is $30,000 Possible?<\/a><\/div>\n
Next on the list is Coinbase CTO Balaji Srinivasan who made a bet in June 2023 that the BTC price would reach $1 million<\/a>. Srinivasan pointed to \u201chyperbitcoinization\u201d as the reason behind this. However, Srinivasan\u2019s forecast was on a much shorter timeframe (90 days) and didn\u2019t play out as predicted.<\/p>\n
Last but not least is finance author Robert Kiyosaki. Kiyosaki has been sounding the alarm of a potential collapse of the US dollar and has presented the likes of Gold, Silver, and Bitcoin as good alternatives to hedge against this potential collapse. In August, Kiyosaki said in an interview<\/a> that if the economy were to collapse, Bitcoin could reach $1 million, while Gold and Silver could rise to $75,000 and $60,000, respectively.<\/p>\n
Featured image from Blockchain Companies, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
Since the Bitcoin Price crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and on the other extreme end, $1,000,000. Over time, various analysts and pundits have put forward their forecasts, but the most recent of these is from budding economist Alessandro Ottaviani who believes BTC could hit the $1 million mark in the next three years. Bitcoin Price On Its Way To $1 Million Ottaviani starts out his X (formerly Twitter) post by pointing out that the Bitcoin market cap had climbed rapidly following fake news of a Spot Bitcoin ETF approval. Now, recall that on Monday, media outlet Cointelegraph made a post on X saying that the US Securities and Exchange Commission (SEC) had approved the BlackRock iShares Spot Bitcoin ETF filing. Related Reading: BlackRock Reacts To False Bitcoin Spot ETF Approval News In A Positive Way Following this, the price of Bitcoin surged above $30,000 and in a matter of minutes, over $50 billion was added to the crypto\u2019s market cap, as Ottaviani points out. Going by BTC\u2019s reaction to this news which eventually turned out to be fake, the analyst was able to draw a parallel for what might happen when Spot Bitcoin ETFs are approved for real. Main take away of today: Bitcoin makrket Cap went up by more than $50 billion in minutes, and very likely the money flowing into Bitcoin were less than $500 million (ratio 100:1) A former Blackrock Director said that we can expect $150-200 billion flowing into Bitcoin in 3\u2026 \u2014 Alessandro Ottaviani (@AlexOttaBTC) October 16, 2023 Ottaviani points out that this $50 billion increase in market cap came from an around $500 million injection into the market, meaning the market cap rose at a ratio of 100:1. Thus, going by what BlackRock Director and CEO Larry Fink said about a Spot ETF triggering a $150 billion to $200 billion inflow into the asset, Ottaviani explains that this would put BTC\u2019s market cap at $21 trillion. At a $21 trillion market cap, the price of each BTC would be going for $1 million. Now, about when this might happen, Ottaviani reverts to Fink\u2019s statement. When Fink made his forecast that $150-$200 billion could flow into Bitcoin, he said that this could happen over a three-year period. So if a Spot Bitcoin ETF is approved in 2024 as Bloomberg analysts believe, then the price of Bitcoin could reach this $1 million mark in 2027-2028 if all goes as planned. \u201cSurely on the way up there will be many people selling, but this is already directionally clear how much could be the effect of the BTC ETFs being approved,\u201d Ottaviani said in the X post. BTC still miles away from $1,000,000 | Source: BTCUSD on Tradingview.com Other $1 Million Predictions For BTC Ottaviani is only the most recent in a long line of market participants and crypto enthusiasts who have predicted that the price of Bitcoin would reach $1 million. Some notable personalities who believe it will reach this level include ARK Invest CEO Cathie Wood, Coinbase CTO Balaji Srinivasan, and finance author Robert Kiyosaki. Cathie Wood who has been a very vocal proponent of Bitcoin said last year that she expects the price of BTC to hit $1 million by 2030. Due to this belief, Wood\u2019s investment firm ARK Invest has been heavily investing across the crypto space, buying hundreds of thousands of shares in the Grayscale Bitcoin Trust, as well as Coinbase stock. Related Reading: Bitcoin Whale Addresses See Unprecedented Jump, Is $30,000 Possible? Next on the list is Coinbase CTO Balaji Srinivasan who made a bet in June 2023 that the BTC price would reach $1 million. Srinivasan pointed to \u201chyperbitcoinization\u201d as the reason behind this. However, Srinivasan\u2019s forecast was on a much shorter timeframe (90 days) and didn\u2019t play out as predicted. Last but not least is finance author Robert Kiyosaki. Kiyosaki has been sounding the alarm of a potential collapse of the US dollar and has presented the likes of Gold, Silver, and Bitcoin as good alternatives to hedge against this potential collapse. In August, Kiyosaki said in an interview that if the economy were to collapse, Bitcoin could reach $1 million, while Gold and Silver could rise to $75,000 and $60,000, respectively. Featured image from Blockchain Companies, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":555911,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,656,679,6848,86326,1119,89185,1122,1144,78790,84647],"class_list":["post-555905","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-bitcoin-price-prediction","tag-bitcoin-spot-etf","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-spot-bitcoin-etf"],"acf":[],"yoast_head":"\nWhen Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline<\/title>\n<meta name=\"description\" content=\"Since Bitcoin crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and $1,000,000.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline\" \/>\n<meta property=\"og:description\" content=\"Since Bitcoin crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and $1,000,000.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-18T19:00:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T07:00:05+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"448\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline\",\"datePublished\":\"2023-10-18T19:00:03+00:00\",\"dateModified\":\"2024-06-11T07:00:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/\"},\"wordCount\":695,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448\",\"keywords\":[\"bitcoin\",\"Bitcoin news\",\"bitcoin price\",\"bitcoin price prediction\",\"Bitcoin spot ETF\",\"btc\",\"BTC news\",\"btc price\",\"btcusd\",\"BTCUSDT\",\"Spot Bitcoin ETF\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2023\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/\",\"name\":\"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448\",\"datePublished\":\"2023-10-18T19:00:03+00:00\",\"dateModified\":\"2024-06-11T07:00:05+00:00\",\"description\":\"Since Bitcoin crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and $1,000,000.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448\",\"width\":800,\"height\":448,\"caption\":\"Bitcoin price $1,000,000\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline","description":"Since Bitcoin crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and $1,000,000.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/","og_locale":"en_US","og_type":"article","og_title":"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline","og_description":"Since Bitcoin crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and $1,000,000.","og_url":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2023-10-18T19:00:03+00:00","article_modified_time":"2024-06-11T07:00:05+00:00","og_image":[{"width":800,"height":448,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448","type":"image\/png"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline","datePublished":"2023-10-18T19:00:03+00:00","dateModified":"2024-06-11T07:00:05+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/"},"wordCount":695,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448","keywords":["bitcoin","Bitcoin news","bitcoin price","bitcoin price prediction","Bitcoin spot ETF","btc","BTC news","btc price","btcusd","BTCUSDT","Spot Bitcoin ETF"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2023","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/","url":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/","name":"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448","datePublished":"2023-10-18T19:00:03+00:00","dateModified":"2024-06-11T07:00:05+00:00","description":"Since Bitcoin crossed $50,000 back in the 2021 bull market, there have been speculations on when the price will hit $100,000, and $1,000,000.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448","width":800,"height":448,"caption":"Bitcoin price $1,000,000"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline","url":"http:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-1000000-timeline\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin price","bitcoin price prediction","bitcoin spot etf","btc","btc news","btc price","btcusd","btcusdt","spot bitcoin etf"],"dateCreated":"2023-10-18T19:00:03Z","datePublished":"2023-10-18T19:00:03Z","dateModified":"2024-06-11T07:00:05Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"When Will Bitcoin Price Reach $1,000,000? Pundit Lays Out A Timeline\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-1000000-timeline\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-1000000-timeline\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin-price-1000000.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/10\\\/Bitcoin-price-1000000.png?fit=800%2C448\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"bitcoin price prediction\",\"bitcoin spot etf\",\"btc\",\"btc news\",\"btc price\",\"btcusd\",\"btcusdt\",\"spot bitcoin etf\"],\"dateCreated\":\"2023-10-18T19:00:03Z\",\"datePublished\":\"2023-10-18T19:00:03Z\",\"dateModified\":\"2024-06-11T07:00:05Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/10\/Bitcoin-price-1000000.png?fit=800%2C448","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/555905"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=555905"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/555905\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/555911"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=555905"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=555905"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=555905"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}