By May 2025, the price of Bitcoin has surpassed $100,000, reaching a whole new height. This wave of bull market has not only ignited market sentiment but has also brought the prediction of 'Bitcoin at $1 million' back into mainstream view. Now, more and more professional institutions and investors believe: by 2031, Bitcoin breaking through $1 million is not a fantasy but a reality taking shape.
01 | Institutions Make a Major Entry: ETFs Open a New Era
Since the U.S. Securities and Exchange Commission (SEC) approved the first spot Bitcoin ETF, Bitcoin is accelerating its integration into the traditional financial world. ARK Invest's Cathie Wood clearly states that Bitcoin is expected to reach $1.5 million by 2030, driven by the widespread acceptance of ETFs and large institutions. She pointed out that giants like Morgan Stanley and Bank of America have yet to fully deploy Bitcoin, and their entry will trigger a larger wave of capital.
02 | The 'Scarcity Weapon' of Digital Gold
The total supply of Bitcoin is capped at 21 million, in stark contrast to fiat currency systems that can be mined infinitely. Cathie Wood states that Bitcoin's scarcity even surpasses that of gold—because gold's production may increase when prices rise, but Bitcoin's supply is absolutely fixed. This characteristic has made it a new destination for global safe-haven funds.
03 | Policy Boost: Will National-Level Buying Become the Catalyst?
Former President Trump recently mentioned the idea of establishing a 'Bitcoin strategic reserve', sparking widespread market discussion. Once sovereign countries like the U.S. begin hoarding Bitcoin, global buying will enter a new phase. Sovereign buying may become the 'nuclear engine' for the next super bull market in Bitcoin, pushing its price into the million-dollar era.
04 | Technological Innovation Makes Bitcoin More 'Usable'
As Layer 2 solutions like the Lightning Network mature, Bitcoin is shifting from a 'store of value' to a 'payment network'. Lower fees and faster transactions are driving Bitcoin's broader application in retail, cross-border payments, and microtransactions. Bitcoin is evolving from 'gold' to 'internet gold'.
05 | Is now the starting point for the million-dollar journey?
Currently, the price of Bitcoin has surpassed $103,000, an increase of over 80% since the beginning of the year. Multiple on-chain indicators show: the number of long-term holders has reached a new high, spot liquidity is tightening, and whale accounts continue to buy. All signals point to a common trend: the bull market has just begun, and the million-dollar target is no longer far away.
Conclusion: From Myth to Reality, the Million-Dollar Journey Has Begun
Once upon a time, 'Bitcoin at $1 million' was just a fantasy among geeks; but today, it is being collectively pushed by Wall Street, policymakers, and the tech community.
In 2031, perhaps we will look back and realize that today was just the starting point of this transformation.
Are you ready to get on board?
