Whether Bitcoin (BTC) can reach 1 million USD depends on various factors, including market demand, institutional investment, technological development, regulatory policies, and the global economic environment. While some optimistic forecasts suggest that BTC has the potential to reach this price, its high volatility and uncertainty also mean there are significant risks. In the long term, the value of BTC will be determined by its scarcity as digital gold, its decentralized nature, and the level of global adoption. Investors need to carefully assess the risks.