Bitcoin breaks the $1 million mark—sounds crazy, right? But this might not be wishful thinking; it’s an evolution built on real macroeconomic changes.

First, let’s look at scarcity. Bitcoin’s total supply is fixed at 21 million coins, and combined with the halving mechanism, this design naturally hedges against fiat currency over-issuance. While central banks are still printing money, Bitcoin’s supply cap acts like a steel gate that can’t be breached. This represents another form of "digital singularity" compared to gold.

Next, consider institutional movements. Related fund products launched by JPMorgan are now available, and a number of large institutional holders are beginning to buy in. The influx of Wall Street capital means Bitcoin has shifted from a fringe speculative asset to one of the mainstream asset allocation options. Within corporate and institutional balance sheets, Bitcoin’s role is quietly being redefined.

Finally, look at the time dimension. Although 2026 is still a few years away, Bitcoin is gradually evolving from a highly elastic short-term trading asset into a widely recognized cross-cycle safe haven—its positioning as "digital gold" is becoming more solid.

Will $1 million really arrive? Or is it just a market hype bubble? What’s your take? Share your honest thoughts in the comments.