Bitcoin may reach $1 million per token over the next several years, but the journey could be slow and “very boring,” according to pseudonymous analyst PlanC.
Speaking on social media, PlanC suggested that instead of dramatic rallies or crashes, Bitcoin could experience gradual upward movement with modest 10–30% corrections. The analyst cited growing adoption from institutional investors and the traditional financial system as factors supporting steady growth.
“From here on, Bitcoin may simply slow-grind up to $1,000,000 over the next seven years in a very boring and underwhelming way,” PlanC wrote, noting that extended periods of sideways price action often lead to unnecessary market panic.
Not everyone shares this cautious view. Jan3 founder Samson Mow predicts a rapid surge with an “omega candle” that could push Bitcoin up by $100,000 in a single day, suggesting a seven-figure price could come as early as next year. Coinbase CEO Brian Armstrong has forecasted Bitcoin hitting $1 million by 2030, while PlanC expects it by 2032.
Some experts warn that a sudden spike to $1 million could signal economic instability. Galaxy Digital CEO Mike Novogratz said such a rapid rise would indicate serious problems in the U.S. economy.
Swyftx lead analyst Pav Hundal highlighted the stabilizing role of institutional and corporate buyers, explaining that steady demand could smooth out extreme price swings. However, he cautioned that these investors remain subject to traditional market pressures and could be forced to sell under certain conditions.
