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Dogecoin Co-founder Expects Bitcoin To Hit $1 Million In This Bull Run

Billy Markus shared his heart’s will for the next all-time high of Bitcoin trade price in this bull run.

Billy Markus is a co-founder of Dogecoin (Doge). In 2013, he co-founded Dogecoin with his friend Jackson Palmer. In the crypto industry, he is popularly known as Shibetoshi Nakamoto. He is not active in Dogecoin or other crypto projects but remains active on X (formerly Twitter) to talk about Dogecoin & crypto adoption across the world.

On 24 March 2024, Billy Markus urged Bitcoin to hit a $1 million trade price while sleeping. Indirectly he said that he couldn’t see the high fluctuations in the trade price before the big rallies.

Many people speculated that the Dogecoin co-founder holding a huge amount of Bitcoin & this is the reason he is eagerly waiting for Bitcoin to hit $1 million.

For this bull phase, many crypto enthusiasts already predicted that Bitcoin will hit $1 million but some big analysts predicted that there’s a very rare chance for Bitcoin to hit this projected target.
In the majority of the cases, predictions noted that the price would not go above the $120k level, as there are now big players & big players will be responsible for big pullbacks, thanks to Bitcoin spot ETF products being approved by the United States Securities and Exchange Commission (SEC) in Jan of this year.

Bitcoin price

The current trade price of Bitcoin is $67,575 & this trade price has been 5% higher over the last 24 hours.

Notably the trade price of Bitcoin showed a 30%+ increase in the last 30 days. Crypto analysts called this pullback healthy ahead of the upcoming Bitcoin halving event.

It’s very usual for Bitcoin trade price to face multiple corrections just before the Bitcoin halving event, as similar patterns have already been seen in the past 3 cycles.

Read also: OKX founder Star Xu under legal hurdles in the US? 

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