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Bitcoin to $1M? Corporate Treasury Boom Could Spark Dot-Com Level Mania


Bitcoin to $1M? Corporate Treasury Boom Could Spark Dot-Com Level Mania

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At the time of this writing, Bitcoin (BTC) was trading just over $118,000, after recovering from a dip that took it to a two-week low at $114,500 on July 24.

But behind the relatively calm price action, a potentially explosive narrative is gathering steam. Proponents say we’re witnessing the most calculated supply shock in crypto history, and when the dust clears, the price of BTC could be headed for the $1 million mark.

Read the article at CryptoPotato

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Coins

$ 63.99K

+1.32%

$ 0.00338

$ 0.102

+2.56%

$ 0.000161

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Bitcoin’s short-term holders remain 15% underwater—but selling pressure is easing

A reclaim of the $71k level would be a notable confirmation of a bullish pivot.
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