Blockstream's bigwig supports Bitcoin, the next price surge could reach $500,000 or even a million dollars!
Blockstream's leader Adam Back makes a strong statement: Bitcoin is severely undervalued!
This cryptocurrency legend and proof-of-work algorithm founder stated that Bitcoin's price does not yet reflect the tidal wave of institutional capital. Especially as large funds flow into the market through spot ETFs, which are quietly triggering the next wave of price explosions.
Over $41 billion in giant funds flooding in, the market landscape is completely rewritten.
Back revealed that top investment giants are pouring in substantial investments, pushing Bitcoin into a new value range. Increased support for cryptocurrency during the Trump era further boosts Bitcoin's prospects.
The price cooling is an illusion; once it breaks through, the surge will exceed expectations.
He warned that once the price breaks new highs, speculative buying will trigger even faster increases, far beyond what everyone imagines. Bitcoin is at the starting point of a transformation, and the coming months will witness a leap in market conditions.
Summary: When institutional forces enter the market, Bitcoin reaching $500,000 to $1 million is not a dream; the legend is about to continue!