Bitcoin Reaches Mathematically Impossible Market Cap Milestone by 2030?

Markus Thielen, founder of 10x Research, made headlines in the cryptocurrency market by stating that it's mathematically impossible for Bitcoin to reach $1 million by 2030.

The argument centers around the required market capitalization needed for such a price increase. According to Thielen, if Bitcoin were to reach $1 million, its total market capitalization would need to rise significantly from its current level.

The analyst pointed out that this large increase in value would require substantial changes in global capital flows and investor behavior, which the current data does not support.