{"id":847162,"date":"2025-05-10T09:11:44","date_gmt":"2025-05-10T14:11:44","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/10\/tech-expert-predicts-1-million-bitcoin-only-one-more-10x-left\/"},"modified":"2025-05-10T09:11:44","modified_gmt":"2025-05-10T14:11:44","slug":"tech-expert-predicts-1-million-bitcoin-only-one-more-10x-left","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/05\/10\/tech-expert-predicts-1-million-bitcoin-only-one-more-10x-left\/","title":{"rendered":"Tech Expert Predicts $1 Million Bitcoin \u2014 \u2018Only One More 10x Left\u2019"},"content":{"rendered":"
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\n\t\t\t\t\t\t\t\"Bitcoin\"\t\t\t\t\t\t<\/figure>\n
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Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n

Bitcoin was back in the news this week after surging past $104,000 before retracting a bit. The rally, which started around May 7, propelled the world\u2019s largest cryptocurrency from $93,000 to as much as $104,000 by May 9.<\/p>\n

After retreating 4% in the following 24 hours, Bitcoin<\/a> still maintained a weekly gain of around 6%. That short-term action is now driving larger predictions, including one that forecasts Bitcoin will increase another 10 times in value.<\/p>\n

Another 10x Jump \u2018Inevitable,\u2019 Expert Says<\/h2>\n

Muneeb Ali, the brains behind the Bitcoin Layer 2 solution Starks, thinks the next giant leap is imminent. In his opinion, Bitcoin has already taken three distinct steps in its price trajectory: from $100 to $1,000, then to $10,000, and then to over $100,000.<\/p>\n

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i\u2019ve seen bitcoin go:<\/p>\n

\u2013 from $100 to $1,000.
\n\u2013 from $1,000 to $10,000.
\n\u2013 from $10,000 to $100,000.<\/p>\n

one more 10x to $1,000,000 is inevitable.<\/p>\n

\u2014 muneeb.btc (@muneeb) May 8, 2025<\/a><\/p>\n<\/blockquote>\n

Ali pointed out how each move took more time but followed a familiar pattern. In 2013, Bitcoin climbed from $100 to $1,000 in four months. Four years later, in 2017, it reached $10,000. By December 2024, it had crossed the $100,000 mark. Based on that path, Ali said another 10x jump to $1 million isn\u2019t just likely \u2014 it\u2019s \u201cinevitable\u201d. However, he didn\u2019t explain what would actually drive that kind of rise.<\/p>\n

BTCUSD trading at $103,115 on the 24-hour chart: TradingView.com<\/a><\/figcaption><\/figure>\n

New Projection Sees $116K Next Month<\/h2>\n

The latest Bitcoin price forecast by CoinCodex has the price increasing by 13% and hitting $116,600 on June 8<\/a>, 2025. Technical analysis indicates a positive trend, with 20 of the past 30 days (67%) closing in the positive. During the same timeframe, Bitcoin recorded 6.50% price volatility.<\/p>\n

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Source: Alternative.me<\/a><\/pre>\n
The Fear & Greed Index is currently at 73, which is Greed.\u00a0Though this prediction is not quite hinting at reaching $1 million yet, it validates the notion that there is still space for Bitcoin to rise in the near future.<\/p>\n
A US Government Buy-In Could Speed Things Up<\/h3>\n
Zack Shapiro, a Bitcoin Policy Institute lawyer, also thinks that Bitcoin has a lot of potential \u2014 and quick. He studied a bill called the Bitcoin Act, which was reintroduced last March. The bill proposes the US government to purchase 1 million BTC<\/a> within five years. That represents 5% of the total supply.<\/p>\n
If passed, the bill would fund the acquisition using profits from gold revaluation. Shapiro indicated that a plan like that would fuel demand so high it drives Bitcoin to $1 million earlier than anticipated. That\u2019s provided that the bill gains momentum and secures the financing it requires.<\/p>\n
Featured image from Gemini Imagen, chart from TradingView<\/em><\/p>\n<\/p><\/div>\n
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\"Christian\t\t<\/p>\n
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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.<\/p>\n
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Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats \u2013 a testament to his dedication to his furry companions (more on that later).<\/p>\n
Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling – right up his alley!<\/p>\n
So, he landed a killer gig at NewsBTC, where he’s one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). <\/p>\n
Think Christian’s all work and no play? Not a chance! When he’s not at his computer, you’ll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.<\/p>\n
Speaking of chill, Christian’s got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better.<\/p>\n
Here’s the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day – and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.<\/p>\n
Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors – and bosses – he deeply respects.<\/p>\n
So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n
Disclaimer:<\/strong> The information found on NewsBTC is for educational purposes
\n\t\t\t\t\t\t\tonly. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any
\n\t\t\t\t\t\t\tinvestments and naturally investing carries risks. You are advised to conduct your own
\n\t\t\t\t\t\t\tresearch before making any investment decisions. Use information provided on this website
\n\t\t\t\t\t\t\tentirely at your own risk.<\/p>\n<\/p><\/div>\n
Read More<\/a>
\n Christian Encila<\/p>\n","protected":false},"excerpt":{"rendered":"
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies<\/p>\n","protected":false},"author":1,"featured_media":847163,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[275,24352],"tags":[],"class_list":{"0":"post-847162","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-expert","8":"category-predicts"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/847162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=847162"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/847162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/847163"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=847162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=847162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=847162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}