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Morgan Stanley's head of digital assets said a $BTC price of $1 million would not be surprising, while signaling that a genuine breakout for the largest cryptocurrency may depend on a crisis severe enough to shatter the existing financial system.
The remarks, reported by odaily.news, add institutional weight to an enduring debate over Bitcoin's ceiling — and what the conditions for reaching it would actually look like.
The $1 Million View, Carefully Framed The Morgan Stanley executive did not call a seven-figure Bitcoin price a base case or assign it a timeline.
The phrasing — "wouldn't be surprising" — is the hedged register institutional voices tend to use when attaching their name to moonshot numbers: credible enough to say in public, qualified enough to survive scrutiny later.
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