Will bitcoin be worth 1M in 2030?

[MUGNIA]

We do know that on this market then there's always that those who would be wanting to buy at the bottom but this isnt something that could be know and this is why it wont really be that predictable. Its really that best that you should really be that knowing on what you should gonna do and its really that important that you do really know at least on how this market behaves or on how it do reacts. Profitability will really be depending or basing up on how you would be handling yourself into this market. $1M is a far stretched but actually there are people who are really that optimistic that this would be able to reach upon.

There will be always the people who keep buying Bitcoin in the market. But this is unable to stop the red market or price correction. When it is in the bearish period, there will be a big decline in BTC price. Anyway, talking about the probability of BTC price around $1M is too early for now. Yes, the current price is too far from $1M. We can talk about this possibility when the Bitcoin price is nearing $1M. At least, the price already reached $500k. 

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.

[arabspaceship123]

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.

[Mr. Magkaisa]

Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.

        -      How did you do the analysis here, OP, to say that it will be 1.48M$ each bitcoin? You must have a strong basis for that matter, because if that is just in your mind and just a guess without any basis, it is unlikely that what you are saying will happen.

Because there are others here who conduct technical or fundamental analysis that their basis is not just one but also the history they check and others so that they can determine which direction the price of Bitcoin is heading.

[debra]

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.

Why are you so pessimistic? I think it is untrue that politicians can destroy crypto or Bitcoin? Trump as a president of USA, he really supports crypto/Bitcoin. US government has Bitcoin reserves now, they also have some altcoins reserves. This means that the government will support more crypto and they will be more friendly. Politicians should do the same way, why they will destroy crypto?

[UNIVERSE]

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.

yeah, it is too early to predict Bitcoin to be $1 million at this time. Sure, no one claims that it is impossible to reach $1 million but it may take a very long time to reach that price. Even, we may take for months or years to return above $100k. Bitcoin price will always fluctuate, it make Bitcoin price can increase very significantly. However, for the next few months, we can make sure that there is no chance for $1 million. 

[bhadz]

That will be in the next cycle, I am thinking of $500k but who knows if there will be more demand and volume for the upcoming years to come. But that's how it goes, the supply will be lesser and that's going to do it for most of us. So, just hold even 1 BTC if you can or get those satoshis that you can because we will never know how much high it will be in the next coming years. We have to be patient too.

[rby]

That will be in the next cycle, I am thinking of $500k but who knows if there will be more demand and volume for the upcoming years to come. But that's how it goes, the supply will be lesser and that's going to do it for most of us. So, just hold even 1 BTC if you can or get those satoshis that you can because we will never know how much high it will be in the next coming years. We have to be patient too.

I'll always tell those around me; if you do not have urgent need to sell, don't panic, keep hodling. The coming years will be massively. We cannot accurately tell how much Bitcoin will be worth then but we should be certain that it will be way better than what we have ever had. Just keep hodling

[Rubel007]

That will be in the next cycle, I am thinking of $500k but who knows if there will be more demand and volume for the upcoming years to come. But that's how it goes, the supply will be lesser and that's going to do it for most of us. So, just hold even 1 BTC if you can or get those satoshis that you can because we will never know how much high it will be in the next coming years. We have to be patient too.

I'll always tell those around me; if you do not have urgent need to sell, don't panic, keep hodling. The coming years will be massively. We cannot accurately tell how much Bitcoin will be worth then but we should be certain that it will be way better than what we have ever had. Just keep hodling

In order to profit from Bitcoin, the first thing that a person should pay attention to is patience. Usually, those who are weak hands get scared after holding Bitcoin at a slight price correction. They try to sell their assets in panic even if they lose a little bit. But those who trust Bitcoin and try to hold their Bitcoin for the long term will definitely be able to profit from Bitcoin. It is unlikely that investing in Bitcoin will be profitable in the short term. If someone holds Bitcoin in the long term, he will definitely be able to get good return.

[Agbe]

I don't think that prediction can be achieved because that is the next cycle of the market and it is only four years interval. And now bitcoin is at the rate of $84+k and we are not even sure if bitcoin will hit $200k next year and if bitcoin hit $200k next year then we should expect it to hit 300k$ in 2028 and it is only two years to complete the year 2030 and it has not hit 500k so that prediction of bitcoin hitting 1m in 2030 is not achievable yet.

[debra]

I don't think that prediction can be achieved because that is the next cycle of the market and it is only four years interval. And now bitcoin is at the rate of $84+k and we are not even sure if bitcoin will hit $200k next year and if bitcoin hit $200k next year then we should expect it to hit 300k$ in 2028 and it is only two years to complete the year 2030 and it has not hit 500k so that prediction of bitcoin hitting 1m in 2030 is not achievable yet.

Yes, in 2030 Bitcoin price is probably not around 1M. It may be less than $300, I personally assume it will be around $200-$250. You are right that the current Bitcoin price is far from 1M, it needs many years to reach 1M. In the next cycle 2028-2029, the Bitcoin price may be only around $200-$300. It may need more 10 years to see Bitcoin nearing 1M. Just wait for Bitcoin to achieve $500 first before we predict for 1M.

[Asiska02]

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.

[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.

[Blaze]

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.

[Vx1]

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.

Because sometimes we have done various analysis, looking at the history of price movements and studying annual charts or whatever. In fact, price changes change drastically just because of the words of someone who has great influence in the world such as Donald Trump's words yesterday which had a great influence on the increase in the price of Bitcoin. So sometimes we make price predictions just by saying it.

[Mr. Magkaisa]

That will be in the next cycle, I am thinking of $500k but who knows if there will be more demand and volume for the upcoming years to come. But that's how it goes, the supply will be lesser and that's going to do it for most of us. So, just hold even 1 BTC if you can or get those satoshis that you can because we will never know how much high it will be in the next coming years. We have to be patient too.

       -     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.

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.