Wall Street Veteran: Bitcoin’s Macro Setup Could Send BTC Price to $1 Million

A top Wall Street investor is skeptical that the rally is complete, recently venturing as far as to say that $1,000,000 is possible

BY NICK CHONG

It’s been an explosive past few weeks for Bitcoin. The cryptocurrency, after bottoming at $3,700 in the middle of March, has rallied over 170%, recently crossing back above the ever-important $10,000.

BTC has rallied so high that according to on-chain analyst Philip Swift, the cryptocurrency has only traded higher than it has today ($10,000 flat) 4.6% percent of the time Bitcoin has been in existence. Read more . . .