Bitcoin is currently one of the top trading assets in the world. The token has now evolved into a full-fledged system, actively securing institutional interest and demand amid rising hype and popularity. BTC is currently sitting at $106K, eyeing massive upticks during its recent price trajectory. As geopolitical tensions escalate, Bitcoin is emerging as a great safe haven asset, targeting a rapid price overhaul. Amid all this, new research has indicated how Bitcoin may surge and spike to hit $1M sooner than predicted timelines ultimately. Here’s how.
Also Read: Bitcoin: How High Can BTC Surge 25 Years From Now?
Bitcoin to $1M?
Bitcoin is currently sitting at $106K, up 0.89% in the last 24 hours. The token is also surging rapidly amid the heightened geopolitical unrest, emerging as one of the top assets to secure one’s assets in. Amid rising institutional demand and a surge, the token is already inviting massive predictions, with some analysts and firms quoting ambitious price forecasts for the token. One peer-to-peer research firm has now indicated how Bitcoin is already on its path to hit $1M and that the token may eventually hit the spot by the year 2027.
The Journal of Risk and Financial Management by MDPI further stated how Bitcoin may hit $2M by the end of 2027 and $5M by early 2031.
A peer-reviewed study suggests #Bitcoin could hit $1 million by early 2027.
— Bitcoin News (@BitcoinNews21M) June 15, 2025
By 2031, Models point to $5 million. pic.twitter.com/JEQlVMiDSc
“A peer-reviewed study suggests #Bitcoin could hit $1 million by early 2027. By 2031, Models will reach $5 million.”
What Does the Technical Analysis Say?
While the aforementioned price forecast is ambitious to begin with, per platforms like CoinCodex, Bitcoin may first surge to hit the $157K mark by 2030.
The platform predicts the token to hit $1M by the year 2040.
“According to our current Bitcoin price prediction, the price of Bitcoin is predicted to rise by 995.00% and reach $ 1.16M by December 22, 2040. Per our technical indicators, the current sentiment is bullish, while the Fear & Greed Index is showing 60 (greed). Bitcoin recorded 17/30 (57%) green days with 2.03% price volatility over the last 30 days. Based on the Bitcoin forecast, it’s now a good time to buy Bitcoin.”
Short-Term Price Target for BTC
In the middle of analysts busy forecasting ambitious price targets for BTC, per expert Colin, BTC is ultimately heading towards hitting the $150K price mark. He stated how Bitcoin displays an inverse head and shoulders pattern on its chart, indicative of a potential price spike in the near future.
“BTC $150,000 is cooking. The current price is quite healthy, being above the white support line. (The green arrow shows the latest bounce from it.) Inverse Head and Shoulders (blue) setup still cooking. Global M2’s chart backs the bullish move up even further. Gold‘s recent meteoric run-up backs this move up even further. This is all great. Anyone who is worried about Bitcoin is doing so out of emotion rather than rationality. You have to actually wait for something to break down to be concerned. Nothing has broken down.”
BTC
— Colin Talks Crypto 🪙 (@ColinTCrypto) June 12, 2025
$150,000 is cooking
🔹 Current price quite healthy, being above the white support line. (green arrow shows latest bounce from it)
🔹 Inverse Head and Shoulders (blue) setup still cooking.
🔹 Global M2's chart backs the bullish move up even further. (see here:… https://t.co/wDv4QdsYhv pic.twitter.com/2OeNKaNX2G
Also Read: Coinbase, Amex Launch 4% BTC Card as Stripe, USDC Join Shopify