Renowned tech expert Muneeb Ali is making waves with his bold prediction that Bitcoin will hit the $1 million mark, following its recent surge past $104,000. Ali points to Bitcoin's historical steps, each multiplying its value tenfold, as evidence of this inevitable climb.

His prediction follows the recent volatility where Bitcoin surged to $104,000 before retracting. CoinCodex projects Bitcoin will increase by 13%, reaching $116,600 by June 8, 2025. This continuous uptrend keeps investors quite optimistic.

Adding fuel to this outlook, a reintroduced US bill, the Bitcoin Act, proposes the government purchase 1 million BTC. If this materializes, experts believe it could spur heightened demand and advance Bitcoin's climb to the $1 million benchmark.