Recently, there are views that within the next decade, Bitcoin ( BTC ) may reach a high price of 1 million dollars. This prediction has sparked widespread discussion in the encryption currency market.

Looking back at the recent market performance, we can observe an interesting phenomenon. Ethereum ( ETH ) experienced a significant price adjustment, dropping from a high of $4100 to $1385, a decline of nearly 70%. In contrast, Bitcoin's performance was relatively stable, only falling from $106,000 to $74,000, a drop of about 30%.

This difference may reflect changes in the structure of the Bitcoin market. Especially after the approval of the Bitcoin ETF, market confidence in BTC seems to have strengthened. This development may have established a new price support level for Bitcoin, allowing it to demonstrate greater resilience against future market volatility.

However, we also need to remain cautious. While Bitcoin may no longer experience a drop of over 70%, the cryptocurrency market is still full of uncertainty. There are many factors that affect the price of Bitcoin, including the global economic situation, regulatory environment, technological advancements, and more.

Looking to the future, whether Bitcoin can break through 1 million USD in ten years remains an open question. This not only requires sustained market confidence but also broader adoption and the expansion of practical application scenarios. Regardless, the future development of Bitcoin is still worth our continuous attention and in-depth research.