What started as a $1 call to action by Bitcoin advocate Davinci Jeremie has evolved into a broader belief among analysts: Bitcoin’s path to $1 million is not just possible—it may be unavoidable.
Once seen as bold, projections of BTC reaching $500,000 now appear modest. Analysts point to one dominant force behind the growing optimism: global liquidity is exploding. With the money supply expected to double from $100 trillion to $200 trillion by 2035, Bitcoin’s scarcity stands in sharp contrast.
Investor Fred Krueger puts it bluntly: “It’ll take just $1 trillion to push Bitcoin to $1 million, and that’s nothing compared to where money supply is heading.”
Amid record fiscal stimulus and expanding debt, Bitcoin’s appeal as a hedge against fiat devaluation is accelerating. River, a Bitcoin-focused firm, reports that anyone holding BTC since July 2024 has outpaced monetary debasement tenfold.
A key metric driving this narrative is the global M2-per-Bitcoin ratio, now at a 12-year high of $5.7 million. This highlights the extreme imbalance between liquidity and limited Bitcoin supply—just 21 million coins ever, and far fewer in circulation.
As institutional and sovereign investors seek assets immune to dilution, Bitcoin’s fixed supply could trigger a supply squeeze unlike any in modern markets.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/why-bitcoins-scarcity-could-trigger-a-1m-price-surge/