Adam Back: Betting with someone that Bitcoin will hit $500K-$1M before 2028 Bitcoin OG and Blockstream CEO Adam Back @adam3us shared that it might not take much for Bitcoin to reach $500K to $1M. He believes that just the current market dynamics, new retail interest, and ETF demand could be enough to drive the price upward, without even needing large-scale institutional money to step in. Adam Back also revealed that he has made a bet with someone that Bitcoin will hit this price range before the end of this halving cycle, which is by 2028, and he’s betting that Bitcoin’s market cap could catch up to gold. He thinks a seven-figure Bitcoin might be closer than the market expects, and it’s not impossible within the next 24 months.