Adam Back: ‘$1M Bitcoin Is Closer Than You Think’
Cointelegraph·2026-04-19 14:57
I think my market's highly reflexive. When the Bitcoin price is low, the miners have to sell a bigger proportion of the coins and when the price is higher, they don't have to sell as much. So, you know, high price immediately translates into less sell pressure, right.So, we didn't know how the ETF buyers would act, but they've been fairly long-term view. They haven't sold much. The $500,000 Bitcoin is closer than people think, actually. ...