I don't see BTC hitting $1M (sorry McAfee) but I do believe the current price is a steal. The video below shows multiple instances where large investors have claimed the BTC is doomed, worthless, and is a scam, yet they continue to pump money into it time and time again shortly after these announcements.
The video is just over 6 minutes, and I highly recommend everyone to watch it.
On one hand, big investors are slamming BTC and crypto then are secretly buying the shit out of it when their influence drives the market down in massive chunks.
Putting things in perspective
If you invested $100 in the top 10 cryptos a year ago, this is what your portfolio would look like.
Steem is massively influenced by the market both up and down. A lot of Steem's price has nothing to do with what happens on Steemit.com or even the Steem blockchain.
If Bitcoin is worth selling, why are corporations buying?
This is not financial advice, and I am not a financial advisor, this is purely my observation and laymen opinion.