$1M Bitcoin Price Prediction Backed By Eric Trump

Key Takeaways

• Eric Trump reaffirmed his prediction that Bitcoin will reach $1 million per coin in the next several years.

• Institutional adoption continues to surge, with nation-states, corporations, and wealthy individuals increasing their Bitcoin exposure.

• A reverse merger between Gryphon Digital Mining and American Bitcoin (ABTC) has been approved and will lead to a Nasdaq listing in September 2025.

• Bitcoin experienced a 13% correction from its recent all-time high, dropping below the 50-day EMA.

• Despite market pullbacks, long-term sentiment remains extremely bullish among insiders and analysts.

Eric’s Bitcoin Price Prediction: BTC To $1M

In a passionate address to the BTC Asia crowd, Trump doubled down on his previous forecast that Bitcoin would reach $1 million. Originally making the prediction in December 2024, he stated once again:

“There’s no question that Bitcoin hits $1 million.”

Eric Trump At The Bitcoin Asia 2025 Conference

Source: South China Morning Post

Trump emphasized the growing global demand for Bitcoin, citing purchases by nation-states, Fortune 500 companies, and high-net-worth families as key indicators of BTC’s future dominance.

Institutional Adoption Accelerates

Big Players Are Accumulating Bitcoin

Trump argued that the influx of institutional investors is transforming Bitcoin from a speculative asset into a mainstream store of value. According to him:

“You’ve got nation states that are buying the hell out of Bitcoin. You’ve got Fortune 500 companies that are buying the hell out of Bitcoin.”

The consistent acquisition by major financial players suggests that a supply squeeze could be looming, especially given Bitcoin’s fixed supply of 21 million coins.

Retail Investors Still Early

Despite rising prices and growing awareness, Trump pointed out that the average investor has yet to fully understand or embrace digital currency.

He believes this gives current Bitcoin holders a distinct first-mover advantage:

“We’re still early. The vast majority of people haven’t caught on yet.”

ABTC &Gryphon Merger Fuels Momentum

ABTC Set For Nasdaq Listing

In another major development, Gryphon Digital Mining, a U.S.-based Bitcoin mining company, has approved a reverse merger with ABTC.

Once finalized, the merged entity will trade under the ABTC ticker on the Nasdaq exchange beginning September 2025.

Stock Price Surge Amid Bitcoin Dip

Gryphon shares have soared 231% since the merger announcement in May 2025, with a further 42% increase on Thursday alone. This comes despite Bitcoin undergoing a 13% correction from its all-time high of $124,500 reached on August 14th.

Currently, Bitcoin is trading below its 50-day exponential moving average (EMA), a key technical indicator. While this suggests possible short-term downside, long-term sentiment remains bullish, particularly among institutional players and industry insiders.

Bitcoin Price Prediction: Long-Term Optimism

Technical Indicators Flash Caution

The recent price dip below the 50-day EMA could indicate increased volatility ahead.

However, many analysts view this correction as healthy in a longer bull cycle, especially following such a dramatic rally earlier in the year.

Bitcoin’s Price Analysis

Source: CoinGecko

Long-Term Predictions Remain Bullish

Despite short-term turbulence, experts like Eric Trump remain steadfast in their long-term Bitcoin price prediction.

The convergence of institutional investment, decreasing supply, and increasing awareness paints a picture of continued growth for Bitcoin.

FAQ

Will Bitcoin really reach $1 million?

According to Eric Trump and other Bitcoin bulls, the combination of institutional adoption, fixed supply, and increasing demand makes a $1 million price tag plausible over the next several years. However, predictions are speculative and subject to macroeconomic and regulatory shifts.

What’s driving Bitcoin’s recent price movements?

Bitcoin has seen increased volatility following its all-time high of $124,500 in August 2025. Technical indicators like the 50-day EMA suggest caution in the short term, but long-term fundamentals remain strong.

Is now a good time to buy Bitcoin?

That depends on your investment goals and risk tolerance. While long-term projections are bullish, short-term corrections are common. It’s best to do your own research (DYOR) or consult with a financial advisor.

What is the significance of the ABTC and Gryphon merger?

The merger paves the way for a publicly traded, large-scale Bitcoin mining firm. This move could increase institutional interest in Bitcoin mining and the broader crypto market.