According to pseudonymous Bitcoin analyst PlanC, the road to $1,000,000 per coin might look a lot less pronounced than many expect.
PlanC floated the idea that, instead of sharp parabolic runs, Bitcoin could “slow-grind” higher — inching upward over the next seven years and quietly reaching $1 million by 2032.
What if the earlier “Bitcoin cycles” were nothing more than the product of a retail-dominated, FOMO-fueled market?
What if, from here on, Bitcoin simply slow-grinds up and to the right, with long, drawn-out, uneventful 10–30% corrections and consolidations?
And every time we…
— PlanC (@TheRealPlanC) August 31, 2025
Slow Grind, Fewer Flashy Moves
PlanC argues that long stretches of sideways trading tend to fool people into thinking the cycle has ended, leading many to anticipate crashes of up to 80%. Instead, he envisions recurring, drawn-out consolidations and corrections of roughly 10–30% — messy but manageable — that add up to steady gains rather than headline-grabbing rallies.
Jan3 Founder Sees An Omega Candle
Not everyone agrees with this outlook. Jan3 founder Samson Mow presents a starkly different perspective. Reports indicate that Mow has predicted an “omega candle” that could lift Bitcoin by $100,000 within a single day.
$1M #BITCOIN ISN’T THAT MUCH GIVEN ALL THE MONETARY MONKEY BUSINESS GOING ON FOR THE LAST FEW DECADES pic.twitter.com/MzZZXi0mtD
— Samson Mow (@Excellion) January 1, 2024
He expressed in a June interview that $1,000,000 is “a given,” suggesting the milestone could be reached this year or next. Mow’s perspective relies on the notion that sudden, extreme demand imbalances can still trigger explosive moves in the market.
Institutional Demand Versus Market Mechanics
The discussion surrounding Bitcoin’s future is heavily influenced by institutional demand, particularly regarding spot Bitcoin ETFs and corporate treasuries. Many high-profile investors now forecast Bitcoin will attain a valuation of $1 million.
Tom Lee, for instance, has posited that Bitcoin could even reach $3,000,000 in the long term. Michael Saylor has suggested $1 million by 2035, while Bitwise forecasts $1.3 million by 2035, citing rising U.S. debt and a weakening dollar as significant factors driving this trend.
Tom Lee says Bitcoin will experience a supply shock, and the $BTC price will reach $3,000,000.
Do you agree with Tom Lee? Could Bitcoin experience a supply shock? Perhaps we can add $LUNC to this list.#Bitcoin #BTC #Bullish #TomLee pic.twitter.com/rhHT1yFXTj
— TerraNewsEN (@TerraNewsEN) August 24, 2025
Additionally, voices like Robert Kiyosaki project a $1 million valuation by 2030, aligning with analysts from Cantor Fitzgerald, all illustrating the growing institutional confidence in Bitcoin’s long-term potential.
Risk Of Forced Selling Remains Real
However, caution remains paramount. Swyftx lead analyst Pav Hundal indicated that many treasury buyers utilize credit. Should credit spreads widen or risk measures spike, “strong hands” in the market could be forced to sell, creating instability. Market structures can shift rapidly when liquidity tightens or macroeconomic stress surfaces. Despite institutional flows establishing a demand baseline, traditional market pressures continue to exert influence.
Bitcoin’s Path To $1M: Sudden Surge Or Slow Grind Ahead?
As the industry divides its view on potential price movements, some take rapid ascension as a warning sign. Galaxy Digital CEO Mike Novogratz posited that a million-dollar Bitcoin in the near future could signal severe economic distress.
Stories and lessons from a decade in crypto with Mike @Novogratz.
We talk about $GLXY, the 80,000 bitcoin transaction, whether Mike has any investing regrets, maxis and altcoin communities, Bitcoin’s roadmap to $1 million and much more.
Timecodes:
00:00 Meet Mike Novogratz:… pic.twitter.com/4HrOi1juE5— Natalie Brunell
(@natbrunell) August 12, 2025
In his perspective, extreme price movements driven by fear or systemic stress would not indicate a healthy market or economy. For now, the forecasts remain split between a dramatic surge and a steady climb. Whether Bitcoin’s journey culminates in an omega candle or a methodical ascent, the conversation around the potential of reaching $1,000,000 remains a critical topic among market participants.
Featured image from Meta, chart from TradingView
