Will bitcoin be worth 1M in 2030?

[Rubel007]

Bitcoin won't be worth $1M in 2030. If politicians against crypto take over we're going to see crypto wiped out. Crypto needs to have friendly politicians to have a future because it's going to be difficult getting easy regulation without govt support.

If politicians oppose, then there will definitely be a bearish season for Bitcoin, but it is unlikely to last long. Because we know that Bitcoin is decentralized and no one can control it, but they will try to create obstacles in other areas temporarily. Especially if someone opposes it in America, they can use SEC negatively when they come to power. From the beginning, I was not interested in any particular political leader getting special attention for Bitcoin. Because I think it is better to leave it freely. But it is certain that whoever comes to power will definitely not want to reduce public support by opposing Bitcoin.

I believe that if not by 2030, then we will definitely be able to see Bitcoin reach 1 million in the next few years. Regardless of which political figure supports or opposes it, Bitcoin will continue to move at its own pace.

[debra]

- This 500k$ may still be realistic, but the 1M$ each Bitcoin seems hard to believe, though I don't doubt Bitcoin but of course there needs to be some basis before that happens, right? If the 100k$ took 15 years before reaching that price, we'd be a bit skeptical.

Yes, 1M looks impossible but it $500 may have a small chance. If we consider the 4 years cycle, 2030 is the bearish season time. The next bullrun season will be in 2028-2029. If the ATH of Bitcoin in this cycle only around $109k, the next ATH in 2028-2029 may be around $230k. So in 2030, the price should be below $200k because it is the bearish season.

Though, there is a chance that when the price of bitcoin moves strongly in the market, there is so much hype that most people feel that this is when the price of bitcoin starts to rise, which they thought would continue, then suddenly there will be a severe correction after the sharp spike in price.

Even if there will be a big pump in Bitcoin price, I'm not sure it will be 1M in 5 years only. It needs a process to increase to 1M, it won't suddenly raise to 1M. 

[Mr. Magkaisa]

- This 500k$ may still be realistic, but the 1M$ each Bitcoin seems hard to believe, though I don't doubt Bitcoin but of course there needs to be some basis before that happens, right? If the 100k$ took 15 years before reaching that price, we'd be a bit skeptical.

Yes, 1M looks impossible but it $500 may have a small chance. If we consider the 4 years cycle, 2030 is the bearish season time. The next bullrun season will be in 2028-2029. If the ATH of Bitcoin in this cycle only around $109k, the next ATH in 2028-2029 may be around $230k. So in 2030, the price should be below $200k because it is the bearish season.

Though, there is a chance that when the price of bitcoin moves strongly in the market, there is so much hype that most people feel that this is when the price of bitcoin starts to rise, which they thought would continue, then suddenly there will be a severe correction after the sharp spike in price.

Even if there will be a big pump in Bitcoin price, I'm not sure it will be 1M in 5 years only. It needs a process to increase to 1M, it won't suddenly raise to 1M. 

      -        Yep I agreed, then last year when I saw that the price of bitcoin really rallied, Bitcoin was able to rise by 8k$-10k$ in one day when its price really spiked in the market. I can't imagine that time last year if bitcoin could just maintain its rise, it would definitely be able to add a price hike of 300k$ in a month.

But nothing like that has happened yet where its price in the market rises by 10k$ every day for a month. Of course, there will be and will always be a correction in the short-term.

[Metha Wulandarin]

That's what I mean—if Bitcoin's price keeps getting higher, its upward movement will naturally slow down because it requires a much larger market capitalization first. When Bitcoin was at $1,000, it was still relatively easy to manipulate its price, but at its current price, it's not that simple anymore. For me, if Bitcoin reaches $100K, that would already be very good. And to reach $100K, it requires a massive market capitalization and won't happen instantly.

A slow upward movement's expected but it reached $80k so we're years away from $1M or it's possible it won't get there.

That’s the problem now—people are just guessing without looking at Bitcoin’s journey or doing any calculations. I also know that nothing is impossible in cryptocurrency, but it’s better to consider everything, not just look at it from one side.

We cannot just say that ‘We are confident,’ when it comes to other giant numbers concerning cryptocurrencies particularly Bitcoin. It is not only a matter of faith or tradition when the price is high, but it also wonder, how much value of capitalization is required to take it to one more vertical movement. In the end, the market must receive genuine assistance from the international level rather than numerous praises from the community. What is more, when expectations do not have quantitative references, the chances are that one will be disappointed are also high. Still, here it is possible to note that believing in potential does not exclude the reconstruction of the reasonable limit of what is being considered.

Thank you for the explanation. 
That's what I meant—they only conduct a basic analysis without diving deeper into Bitcoin. 
They don't consider that the higher the value or price of a coin, the higher the market cap that needs to be achieved.

[Roseline492]

- This 500k$ may still be realistic, but the 1M$ each Bitcoin seems hard to believe, though I don't doubt Bitcoin but of course there needs to be some basis before that happens, right? If the 100k$ took 15 years before reaching that price, we'd be a bit skeptical.

Yes, 1M looks impossible but it $500 may have a small chance.

Though, there is a chance that when the price of bitcoin moves strongly in the market, there is so much hype that most people feel that this is when the price of bitcoin starts to rise, which they thought would continue, then suddenly there will be a severe correction after the sharp spike in price.

Even if there will be a big pump in Bitcoin price, I'm not sure it will be 1M in 5 years only. It needs a process to increase to 1M, it won't suddenly raise to 1M. 

I agree with you because no pump can even push it to that amount for that period of years, we are even battling for just $100k since beginning of this 2025 till now the fourth month of the year and we have not entered and besides from speculation of this year $130k of Bitcoin price is still not certain and next year is just by the corner, so is  obviously not possible because even the pump we are saying cannot do it doesn't even happen often, however your $500k price is very fair but may not get there because is too far from were we are now.

[MUGNIA]

It makes sense, especially since the current BTC price has dropped below $100k, it is not impossible for BTC to reach $1 million later, but it is still too early to predict a price of $1 million at this time, considering the current market that continues to fluctuate, sometimes thinking about reaching $100k again is difficult.

Drawing conclusions from the performance of the market since the inception of bitcoin, one can only say and conclude that it will just be a matter of time before we see Bitcoin reaching such price. But seeing how far we are from that price, we should talk about it reaching a much lower price than that even though we know it may not necessarily get there in the next two cycles even going by the way bitcoin currently performing in the market.

We have long time anticipated for $100K and many before now said it may never get there while those that remain highly optimistic just knew that it will just be a matter of time before bitcoin reaches that price which we have already seen today. Some people that couldn’t hold on longer, thinking there will be no another bull run in this cycle have sold at profits and looking to get into another position to start holding for the next bull cycle.

The BTC cycle for new people is certainly not yet understandable, unlike people who have gone through the cycle, they will reach their peak and they will survive and be part of BTC's journey to the next new ATH, we understand that increases require a process and a story because that is part of the story of BTC itself