Bitcoin Price Prediction: From $500,000 to $1 Million by 2025?

Crypto influencer and CEO of BlockStream, Adam Back, has made a bold prediction about Bitcoin’s future price. According to Back, Bitcoin could reach highs unseen before this year as he anticipates a surge in value. In an interview on the Milk Road podcast, Back stated that Bitcoin is likely to hit $500,000 at minimum and then soar to over $1 million per coin during the current market cycle. This prediction comes from analyzing past halving events, where price increases after these events have shown a decrease in percentage.