At this moment, the price of Bitcoin is $107,415 per coin, which is approximately 800,000 RMB. At the beginning of June, the price of Bitcoin briefly reached an all-time high of 119,000 RMB.

​Based on this price fluctuation, it is highly likely that Bitcoin could reach 1 million RMB in the second half of this year.

​As for reaching 1 million USD, it is currently difficult to predict, but there is a widely held consensus within the cryptocurrency community that it could rise to 130,000 USD by the end of this year.

​Currently, the most significant factor affecting the price of Bitcoin is the upcoming Federal Reserve interest rate cut cycle. If interest rates continue to decline in the second half of this year and next year, the price of Bitcoin will continue to rise.