Bitcoin Nears All-Time High as $1M Price Speculation Heats Up—Bullish Presale Nears $6M Cap

Bitcoin’s relentless rally brings it within striking distance of its historic peak—and suddenly, those ’million-dollar BTC’ predictions don’t sound so crazy.

Meanwhile, a controversial bull-themed presale chews through its funding target faster than a hedge fund manager spotting a tax loophole. With $6M almost locked in, the real question isn’t if they’ll max out—but whether the hype can outlast the next Fed meeting.

From Ceasefires to Spot ETFs, the Perfect Storm Is Fueling Bitcoin’s Next Leg Up

Bitcoin surged past $100,000 on May 8, buoyed by its growing role as a hedge against stagflation amid shifting macroeconomic conditions. Over the weekend, it climbed to $105,000, following a preliminary trade agreement between the U.S. and China after talks in Switzerland.

Meanwhile, Ukrainian President Volodymyr Zelensky agreed to meet Russian President Vladimir Putin in Turkey on May 15 for peace talks, contingent upon a proposed 30-day ceasefire. Additionally, India and Pakistan declared a full and immediate ceasefire on May 10, signaling a broader de-escalation in global tensions.

These developments have helped erase the fear that gripped the crypto markets since U.S. President Donald Trump’s inauguration.

The rally is also being fueled by institutional buying. Strategy added 15,355 BTC between April 14 and April 20, bringing its total to 553,555 BTC, now worth over $52 billion.

Coinbase followed with a $150 million crypto purchase, and Japan’s Metaplanet acquired 1,241 BTC on May 12, pushing its holdings to 6,796 BTC, valued at around $707 million.

BREAKING

JAPAN’S Meta PLANET BOUGHT ANOTHER 1,241 $BTC FOR ¥18.4B.

LETSGOpic.twitter.com/QfqhejJaaI

With demand stacking up, it’s no surprise that some analysts are now floating the $1 million Bitcoin thesis – not as hype, but as a long-term outcome backed by ETFs and corporate accumulation.

So far, 11 spot Bitcoin ETFs have been approved by the SEC, including BlackRock’s iShares Bitcoin Trust (IBIT), Fidelity’s Wise Origin Bitcoin Fund (FBTC), ARK 21Shares (ARKB), and Grayscale’s converted GBTC.

Collectively, they’ve pulled in over $58 billion in inflows, making this one of the most successful ETF rollouts in history – and potentially the biggest driver of Bitcoin’s next breakout.

Bitcoin to Flip Gold?

The foundation of the $1 million BTC thesis also rests on one bold idea: Bitcoin eventually overtaking Gold as the world’s dominant store of value.

Right now, gold’s market cap sits at around $21.6 trillion, while Bitcoin’s is just over $2 trillion—but that’s already a massive leap from where it was just a few years ago.

With growing institutional demand, increasing ETF access, and Bitcoin’s hard-capped 21 million supply, many believe it’s only a matter of time before Bitcoin closes that gap.

If Bitcoin were to match gold’s market cap, the price per coin WOULD land somewhere between $680,000 and $700,000.

A $700,000 Bitcoin would represent a 6x-7x return from current prices, and if it does outpace gold, a 10x return isn’t out of the question.

And while some are just stacking sats, others are doubling down on BTC Bull Token, the project that rewards holders with real Bitcoin every time BTC hits a new milestone.

Missed Early Bitcoin? $BTCBULL Lets You Multiply the Next Run

BTC Bull Token is built as a Bitcoin returns multiplier.

It tracks key BTC price milestones, and every time Bitcoin hits one, it triggers an automatic airdrop to $BTCBULL holders.

These start at $150,000 and continue with every $50,000 jump – $200,000, $250,000, and so on.

And that’s just the beginning. At each milestone starting from $125,000, BTC Bull also triggers a token burn, reducing supply over time and increasing scarcity.

Source: https://btcbulltoken.com/

If Bitcoin reaches $700,000, that means 11 airdrops and 11 token burns – stacking rewards and tightening supply at every step.

The higher Bitcoin climbs, the more BTC a $BTCBULL holder receives, plus the potential for the token’s value to rise alongside it.

That’s why many see $BTCBULL as the smartest way to multiply upside compared to simply holding Bitcoin alone.

Here’s How to Get $BTCBULL at a Discount

Don’t wait for the listing. The best entry price for $BTCBULL is right now, during presale – before the market catches up.

Head to the BTC Bull Token website and purchase $BTCBULL using ETH, USDT, or even a bank card – making it easy to join no matter how you’re set up.

Newly purchased tokens can also be staked through BTC Bull Token’s staking protocol, which currently offers a 73% annual percentage yield (APY).

For the smoothest experience, use Best Wallet – the recommended multi-chain wallet fully integrated with BTC Bull Token’s milestone reward system. Holding $BTCBULL in Best Wallet ensures Bitcoin airdrops are delivered directly, with full visibility of your rewards even before the token launches.

Best Wallet is available now on Google Play or the Apple App Store.

Stay tapped in with the BTC Bull Token community on X and Telegram for presale updates, milestone alerts, and reward drops.