Adam Back, CEO of blockchain technology company Blockstream, has placed a bet of one million satoshis on Bitcoin reaching an all-time high of $100,000 per BTC before the halving event in April 2024. Back is confident that Bitcoin will scale new heights even before the event, and his optimism is not solely based on the halving. He previously predicted Bitcoin surging to the $100,000 milestone in August 2021, and also predicted the crypto asset to reach $10 million by the sixth halving in 2032. Back's bet is a testament to his commitment and faith in Bitcoin's trajectory.
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