Bitcoin at $1 Million? Michaël van de Poppe Points to a Dot-Com-Style Rally
BTC when published $82,751Now $80,617 ▼ −2.58% since it was published
Crypto analyst Michaël van de Poppe says Bitcoin could reach $1 million this cycle. He draws a parallel to the late-1990s dot-com boom to make his case. His framework has drawn attention from traders, though Bitcoin still trades well below its prior peak. How the Dot-Com Parallel Works In a post on October 17, van de Poppe highlighted a chart from Rand Group. It aligns five prior Bitcoin crash bottoms along a straight line. The projection places a conservative bear case near $197,000 by 2030. Follow us on X to get the latest news as it happens. This idea rests on historical precedent. The dot-com era produced explosive gains in technology stocks before a sharp drawdown, yet the underlying infrastructure kept expanding.
First reported by BeInCrypto. This page is a short excerpt; the full text is theirs.
