No day goes by so that there is no new forecast that the price of Bitcoin (BTC) will rise! Interestingly, we see that these prophecies come true over time. Because Bitcoin (BTC) had recently forced the $ 60,000 band. But the CEO of the cryptocurrency exchange Kraken has made such a prediction for the price of Bitcoin (BTC) that you will read it again to be sure! The details are in our news...

Hell no! Will the price of Bitcoin (BTC) be $ 1,000,000 at that time?

As those interested in the cryptocurrency market know, the most valuable cryptocurrency at the moment is Bitcoin (BTC), because not much, but recently only 1 Bitcoin (BTC) had pushed the $ 60,000 level.

Of course, there are several reasons why Bitcoin (BTC) is so valuable. I'm not going to extend the issue by addressing all these reasons one by one, but the fact that it is supported by valuable companies that have made a reputation around the world is the biggest reason why it has gained confidence, especially by individual investors. In this case, investors can invest in Bitcoin (BTC) without thinking too much.

Not long ago last month, you probably read the news that Tesla, the maker of electric vehicles, received Bitcoin worth a total of $ 1.5 billion. Just a few weeks after the acquisition, news broke that US-based software company MicroStrategy had made a $ 1 billion purchase of Bitcoin. With the recent acquisition of the firm, it increased the total amount of Bitcoin to 90,500. The investments of these world-renowned companies have renewed confidence in Bitcoin (BTC).

Each time the price of Bitcoin (BTC) rose, new speculation, new price forecasts and prophetic predictions continued to be expressed. But recently, Jesse Powell, CEO of the cryptocurrency exchange Kraken, made such a prediction for the price of Bitcoin (BTC) that even thinking about this possibility, although it is quite difficult to believe, was enough to whet the appetite of investors.

Jesse Powell, in his statement, included the following sentences;

"I think people see Bitcoin as a store of value that will surpass gold. I think it's pretty reasonable as a million dollars price target in a decade.”

And what do you guys think about it? Can Bitcoin (BTC) really meet its one million dollar price target during the year? You can share your thoughts with us in the comments section below.