Bitcoin’s ’Bargain’ Price Could Rocket to $500K—Or Even $1M—Says Adam Back
Blockstream CEO Adam Back doubles down on his ultra-bullish Bitcoin stance—claiming current prices are a steal before the next parabolic surge.
Why the confidence? Back points to Bitcoin’s hardening scarcity, institutional adoption, and the fact that Wall Street still can’t decide if crypto is ’digital gold’ or a ’fraudulent casino.’
His prediction hinges on the classic halving cycle playbook: supply shock meets growing demand. Whether it hits $500K or $1M depends on how fast traditional finance wakes up—or how long they keep pretending not to notice.
Meanwhile, goldbugs and central bankers will keep writing those angry op-eds. Just don’t check their portfolios.