Bitcoin’s price saw a recent rollercoaster, with notable fluctuations and speculation fueled by prominent figures in the crypto world. Michael Saylor, executive chairman of the Bitcoin treasury company Strategy, took to his X account to deliver an ultra-bullish prediction, claiming Bitcoin will reach $1 million in value. This bold statement has ignited debate within the community, prompting reactions from prominent figures like Adam Livingston and a noteworthy limit order placed by BlockStream CEO, Adam Back. 8,000 Bitcoins aged three to five years were recently transferred, suggesting possible connections to institutional investments like MicroStrategy or Spot ETFs, according to on-chain data analysis. Meanwhile, the market witnessed a significant liquidation of long Bitcoin positions, totaling $415 million, as short positions also suffered losses, indicating the volatile nature of the current market dynamics. The turmoil was further exacerbated by escalating geopolitical tensions in the Middle East.