#DanielNadem

Adam Back says Bitcoin is still undervalued at current levels. In his view, one hundred thousand dollars is far too cheap for this stage of the cycle. He believes Bitcoin could rise into a range between five hundred thousand and one million dollars before the cycle ends. The comment reflects long term conviction rather than short term market noise. Back has been involved with Bitcoin since its earliest days, giving his perspective added historical weight. While timing remains uncertain, statements like this highlight how some early builders continue to see upside driven by adoption, scarcity, and shifting global monetary dynamics.