Adam Back said he has a personal bet that Bitcoin will top $1 million by the end of the current market cycle, which he expects later in 2028.
Back described the market as being in the early innings of a bull cycle. His $1 million call is a personal prediction, not a guarantee of Bitcoin's future price.
Frequently asked questions
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When does Adam Back expect the Bitcoin cycle to end?
Back places the end of the current market cycle later in 2028.
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How does Back characterize the current Bitcoin market cycle?
He says the market is in the early innings of a bull cycle.
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Is Back's $1 million Bitcoin call a guaranteed price?
No. Back described it as a personal bet on where Bitcoin will trade by the end of the cycle.
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What price does Back expect Bitcoin to exceed?
Back said he has a personal bet that Bitcoin will top $1 million.
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Does Back tie his Bitcoin price prediction to a specific market phase?
Yes. He expects Bitcoin to top $1 million by the end of the current market cycle.
Source attribution
Aggregated from CoinTelegraph
· Verified · Last refreshed 18m ago
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