“Bitcoin will eventually hit ‘$1 million a coin,’ CoinDesk editor predicts”
May 6, 2021
““Bitcoin is going to $1 million a coin,” CoinDesk Learn Editor Ollie Leech said. “I actually believe that it will, at some stage, with just the scarcity aspect alone, it makes it an incredibly exciting asset to hold… Bitcoin is uncontested.”
The timing of bitcoin crossing $1 million is the big question. Leech says the next bitcoin halving — a key technical event when the amount of bitcoins awarded to miners is cut in half— is set to take place in 2024, and that will likely trigger a massive price surge…”