Blockstream CEO predicts Bitcoin could hit up to $1M this cycle

In a recent Decrypt interview, Blockstream CEO Adam Back predicted that Bitcoin (BTC) could reach between $500,000 and $1 million per coin within the current four-year cycle. He finds it odd that BTC remains around $100,000 despite significant institutional investment in the sector, forecasting that once BTC hits a new all-time high, its value could rise rapidly.