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Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds
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Breaking News: Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal’ Bear Market, CZ Responds

No Fireworks, Just Grind: Bitcoin Could Drift To $1M Over 7 Years: Analyst

Christian Encila
Christian Encila
1 month ago
4 mins read
Bitcoin

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According to pseudonymous Bitcoin analyst PlanC, the road to $1,000,000 per coin might look a lot less pronounced than many expect.

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PlanC floated the idea that, instead of sharp parabolic runs, Bitcoin could “slow-grind” higher — inching upward over the next seven years and quietly reaching $1 million by 2032.

What if the earlier “Bitcoin cycles” were nothing more than the product of a retail-dominated, FOMO-fueled market?

What if, from here on, Bitcoin simply slow-grinds up and to the right, with long, drawn-out, uneventful 10–30% corrections and consolidations?

And every time we…

— PlanC (@TheRealPlanC) August 31, 2025

Slow Grind, Fewer Flashy Moves

PlanC argues that long stretches of sideways trading tend to fool people into thinking the cycle has ended and that crashes of up to 80% are coming.

He suggested those deep wipeouts haven’t played out every time prices pause. Instead, he envisions recurring, drawn-out consolidations and corrections of roughly 10–30% — messy but manageable — that add up to steady gains rather than headline-grabbing rallies.

Jan3 Founder Sees An Omega Candle

Not everyone agrees. Jan3 founder Samson Mow has painted a very different picture. According to reports, Mow predicted an “omega candle” that could lift Bitcoin by $100,000 in a single day.

$1M #BITCOIN ISN’T THAT MUCH GIVEN ALL THE MONETARY MONKEY BUSINESS GOING ON FOR THE LAST FEW DECADES pic.twitter.com/MzZZXi0mtD

— Samson Mow (@Excellion) January 1, 2024

He told Magazine in June that $1,000,000 is “a given,” and he suggested the milestone could come this year or next. That view leans on the idea that sudden, extreme demand imbalances can still trigger explosive moves.

Institutional Demand Versus Market Mechanics

Spot Bitcoin ETFs and corporate treasuries are central to the debate. According to reports, several high-profile figures now predict Bitcoin will reach $1 million.

Tom Lee has suggested it could hit that kind of figure or even $3,000,000 long term, while Michael Saylor has put $1 million on the table by 2035.

Tom Lee says Bitcoin will experience a supply shock, and the $BTC price will reach $3,000,000.

Do you agree with Tom Lee? Could Bitcoin experience a supply shock? Perhaps we can add $LUNC to this list.#Bitcoin #BTC #Bullish #TomLee pic.twitter.com/rhHT1yFXTj

— TerraNewsEN (@TerraNewsEN) August 24, 2025

Asset managers have joined the chorus. Bitwise forecasts $1.3 million by 2035, pointing to rising US debt and a weaker dollar as drivers.

Other voices include Robert Kiyosaki, who sees $1 million by 2030, and Cantor Fitzgerald analysts who also back the milestone. Timelines differ, but institutional confidence in Bitcoin’s long-term case is clearly growing.

BTCUSD trading at $110,610 on the 24-hour chart: TradingView

Risk Of Forced Selling Remains Real

Meanwhile, Swyftx lead analyst Pav Hundal warned that many treasury buyers use credit, and if credit spreads widen or risk measures spike, “strong hands” could be forced sellers.

Market structure can change quickly when liquidity thins or macro stress appears. Reports have disclosed that institutional flows create a base of demand, but they don’t remove traditional market pressures.

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Bitcoin’s Path To $1M: Sudden Surge Or Slow Grind Ahead?

Some industry figures view a rapid ascent as a red flag. Galaxy Digital CEO Mike Novogratz said on Aug. 17 that a million-dollar Bitcoin next year would likely mean the US economy was in serious trouble.

Stories and lessons from a decade in crypto with Mike @Novogratz.

We talk about $GLXY, the 80,000 bitcoin transaction, whether Mike has any investing regrets, maxis and altcoin communities, Bitcoin’s roadmap to $1 million and much more.

Timecodes:
00:00 Meet Mike Novogratz:… pic.twitter.com/4HrOi1juE5

— Natalie Brunell ⚡️ (@natbrunell) August 12, 2025

In his view, extreme price moves tied to fear or systemic stress would not be a healthy signal for either markets or the broader economy.

For now, the outlook splits between a blockbuster surge and a quiet climb. Whether Bitcoin delivers an omega candle or inches its way higher, the possibility of reaching $1,000,000 remains central to the debate.

If PlanC is right, there may be no fireworks at all—just a steady grind that takes the coin to its milestone over the next seven years.

Featured image from Meta, chart from TradingView

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Christian Encila
Christian Encila

Christian Encila

They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn.

Read more

Christian's journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer for his college paper. This early love for storytelling paved the way for a successful stint as an editor at a data engineering firm, where his first-month essay win funded a months-long supply of doggie and kitty treats – a testament to his dedication to his furry companions (more on that later).

Christian then roamed the world of journalism, working at newspapers in Canada and even South Korea. He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley!

So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill).

Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair.

Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin’ helps him analyze and write meticulously formatted articles even better.

Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies.

Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects.

So, the next time you tread into the world of cryptocurrency, remember the man behind the words – the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

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