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How Much Capital It Takes to Push Bitcoin to $1 Million — and When It Could Happen

Actionable Market Insights

Author

10x Research
June 17, 2025

The attached report is typically part of our premium Strategy product, but we’re making it available to our Market Updates subscribers as well. We hope you find it valuable — enjoy the read.

Why this report matters:

Bitcoin’s price may be climbing, but the real story isn’t in the charts — it’s in the capital flows you’re not seeing. While outdated models still dominate headlines, a quiet structural shift is reshaping how this cycle unfolds. Institutional players have replaced retail mania, and the data tells a very different story from the usual hype. What if the next leg up isn’t about halving events or speculative sentiment, but something far more measurable — and unstoppable? We’ve tracked the hidden drivers behind Bitcoin’s momentum and built a framework that challenges every familiar narrative.

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