Bitcoin Price Could Skyrocket to $1 Million by 2025, Driven by Halvings, Institutional Adoption, and New Investors

Raoul Pal predicts Bitcoin could reach $1 million by 2025 based on exponential growth trends and comparing to previous bull cycles around halvings.

Several major bank collapses in 2022 strengthen the case for institutional adoption of decentralized crypto like Bitcoin.

Bitcoin spot ETFs have driven new buyers and institutional investment into Bitcoin, propelling prices higher.

As of now, $1,000 buys around 0.0155 BTC. At $1 million per BTC, that would be worth $15,500, a 1,450% return.

Key drivers for continued growth include upcoming halving, institutional adoption, and access vehicles like ETFs bringing in new investors.