Blockstream CEO Adam Back Says Bitcoin at $103K, Predicts Surge to $500K–$1M Driven by ETF Inflows and Institutional Momentum - TECHTELEGRAPH

Blockstream CEO Adam Back Says Bitcoin at $103K, Predicts Surge to $500K–$1M Driven by ETF Inflows and Institutional Momentum - TECHTELEGRAPH

Adam Back, CEO of Blockstream and a prominent figure in the cryptocurrency community, has stated that Bitcoin’s current price of $103,000 is “strangely low Adam Back, CEO of Blockstream and a prominent figure in the cryptocurrency community, has stated that Bitcoin’s current price of $103,000 is “strangely low.” He predicts that Bitcoin could surge to between $500,000 and $1 million during this market cycle. Back attributes this potential incre…

Blockstream CEO Adam Back Says Bitcoin at $103K, Predicts Surge to $500K–$1M Driven by ETF Inflows and Institutional Momentum

Adam Back, CEO of Blockstream and a prominent figure in the cryptocurrency community, has stated that Bitcoin's current price of $103,000 is "strangely low." He predicts that Bitcoin could surge to between $500,000 and $1 million during this market cycle. Back attributes this potential increase to factors such as inflows from exchange-traded funds (ETFs) and growing institutional momentum. His forecast suggests a rapid rise once Bitcoin hits a n…

Bitcoin Price Is Too Low? Adam Back Sees $1M Surge This Cycle

Blockstream CEO Adam Back feels that Bitcoin’s (BTC) value is trading at all-time highs but is still undervalued. He thinks the price may be $500,000 or $1 million during the market cycle. Despite an increased institutional interest coupled with ETF inflows, the current price is yet to catch up with expected values. Bitcoin Price Stalls Despite Bullish Conditions According to CoinGecko data, Bitcoin’s price is $101,952, 7% higher than a week ago…