$BTC makes bold claims! Bitcoin is set to reach a million dollars? Institutions and governments are buying frantically!
CZ from Binance calls the market once again, boldly stating that Bitcoin could reach between 500,000 - a million dollars in this bull market, and provides reasons:
1. Institutional participation: The Bitcoin exchange-traded fund in the United States is attracting funds, with new institutional money coming in driving the price, #strategy to increase Bitcoin holdings.
2. Government storage: El Salvador is leading the charge to buy Bitcoin, and other countries may follow; this 'official endorsement' is crucial, $BTC .