Adam Back predicts that Bitcoin's price could increase 11 times, surpassing $1M per coin, if the US creates a national $BTC reserve; During his campaign, Trump promised to establish a strategic Bitcoin reserve, potentially setting off a global race for Bitcoin adoption; Countries like El Salvador and Bhutan already hold Bitcoin reserves, and leaders in Argentina and Poland have hinted at similar moves; Despite enthusiasm from Bitcoin advocates, uncertainties around legality and logistics leave markets skeptical about the US adopting Bitcoin as a reserve asset.The post Bitcoin Could Reach $1M This Cycle, Says Adam Back appeared first on Techreport.