What Will Bitcoin (BTC) Be Worth In 2030?

Last Updated January 11th 2022
6 Min Read

A technical analysis report of Bitcoin price prediction by the Cryptocurrency Forecast Coins suggests that one Bitcoin will valued at around $1,000,000 in December 2030.

Anthony Pompliano, the co-founder and partner at Morgan Creek Digital, is confident that Bitcoin price will be worth $300,000 in 2025 and $500,000 in 2030.

Winklevoss Twins are confident that the price of Bitcoin will rise steadily for the next 8 years to eventually reach $500,000 by the end of 2030.

After a rather historic year that saw its price scale towards $68,000, now everybody wants to know; what will Bitcoin be worth in 2030?

The general feeling among Bitcoin investors and crypto analysts is that BTC prices will continue rising in the foreseeable future, with most predicting that it could be trading at between $500,000 and $4.5 Million. They are confident that the prevailing and much of the expected conditions in the crypto market and off-chain world will present a conducive environment for BTC prices to thrive.

Six months after the mid-May 2021 price crash, Bitcoin tested the $69,000, albeit temporarily, when PayPal announced that it was extending its crypto services to the UK. All along, most crypto analysts have held the belief that the largest cryptocurrency only needs a trigger to fuel its momentum and help it resume the early 2021 price rally.

While the PayPal excitement didn’t prove strong enough, it proved these analysts’ theories right. They have since come up with different factors that they believe will help BTC reach their predicted price level.

Tom Lee, Managing Partner at Fundstrat Global Advisors, for instance, believes that fears about the fear of the Omicron variant of covid-19 may see BTC prices rise above $100K before the end of 2022.

Let us go over the different price drivers for BTC as we head into 2030 and the price predictions below.

Bitcoin (BTC) Price Projection For 2030

In addition to being the oldest, largest and most popular cryptocurrency, Bitcoin can also be said to be the most volatile and unpredictable digital currency. This explains the erratic differences in crypto analysts and BTC investor price predictions.

In fact, most crypto analysts avoid giving Bitcoin price predictions. And if they must, either do not provide actual timelines for the realisation of this target price or simply compare its growth with that of another investment product.

For instance, MicroStrategy CEO Michael Saylor is overly optimistic about Bitcoin’s future and expects its market cap to eventually top $11 Trillion. He, however, doesn’t provide a timeline for when he expects this to happen.

These experts are, nonetheless, all too quick in sharing some of the factors that they believe will continue driving Bitcoin prices high up in the foreseeable future.

These factors include:

  • FOMO
  • Bitcoin halving
  • Further adoption and acceptance
  • Slowed economic growth

Let us go over these factors briefly and try to understand the impact that each will have on Bitcoin prices between now and 2030.

FOMO

In the last nine years, Bitcoin prices appreciated by more than 70,000%. In the next eight, some analysts are confident that they could grow by more than 20X to beat Gold’s market cap and become the standard store of value.

A few investment products can be expected to grow at this rate within the next decade. Confronted with these numbers, therefore, the fear of missing out is expected to see a lot of individual and institutional investor’s start buying BTC, which will, in turn, spike its demand and push the digital asset prices up.

Bitcoin halving

Between now and 2030, Bitcoin is expected to undergo two having events - in 2024 and 2028. If both mirror the events of 3 previous halving events, crypto analysts are confident that BTC investors could be in for two wild rallies that drive Bitcoin prices to unprecedented highs, setting a new all-time high after each halving event.

Adoption and acceptance

Most governments in the world are either working on legislations that give recognition to Bitcoin as an investment product, as a legal tender or simply working towards launching their own CBDCs (Central Bank Digital Currencies). Either will play a key role in giving corporations to embrace Bitcoin both as a medium of exchange and investment product, which further spikes its demand and thrusts up its prices.   

Slowed economic growth

Just when the global economy started pulling itself from the 3-year pandemic period, more Covid-19 variants emerge and threaten to slow down the recovery process. During the pandemic, governments across the world printed notes recklessly in a bid to cushion their economies from the pangs of the pandemic. Economists are now warning of looming runaway inflation in the near future. Starved of revenue streams and with looming, inflation threatening to devalue their cash reserves/bank savings, both individual and institutional investors are expected to turn to Bitcoin both as an inflation hedge and as an extra revenue stream. And like all the other factors above, the pouring in of investor funds will lead to a sharp increase in demand for Bitcoins and a proportionate increase in BTC prices.

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

What Are Experts Saying About Bitcoin (BTC) In 2030?

A majority of crypto analysts are confident that Bitcoin prices will perpetually rise and that the largest digital currency will be much more valuable in 2030 than it is today. Here are some of the most vocal and their BTC 2030 price predictions:

Finder.uk panellists

Finder, the personal finance website, recently polled a panel of 42 crypto experts, and a majority of this team was of the opinion that Bitcoin is poised for a major price break in the next few years. They argued that Bitcoin price would rise above $300K in the next five years and reach $4.2 Million by 2030. Among the factors they believe will drive this monumental growth include the pouring in of investor funds, FOMO, and the bitcoin halving events.

Bobby Lee

Ballet cryptocurrency wallet CEO, Bobby Lee, is of the opinion that Bitcoin will replace gold as the preferred store of value before 2030. He provides a 2028 price prediction for the coin and argues that it may have reached $500K by this time.

Jeremy Liew

Jeremy is a partner at Light Venture Partners and a tech investor. He is best known as the first Snapchat investor and for his investments such crypto-based companies as Ledger, the Bitcoin hardware wallet company. In his most recent Bitcoin price prediction, Jeremy said that he expects Bitcoin to reach $500K by 2030.

Check Out: Pros and Cons of Investing in Bitcoin, Will It Be a Millionaire Maker?

When Will Bitcoin (BTC) Reach $500K?

Based on multiple crypto expert opinions and technical analysis by several price prediction websites, it is safe to conclude that Bitcoin prices will rise above $500,000 within the next 5 years. Though there are a handful of crypto analysts like Tom Lee who believe that BTC could break above this target price before the end of the year, most are confident that the coin will only get to $500k at some point between 2024 and 2026.

Tim Draper, the Bitcoin evangelist and Billionaire investor, is confident that Bitcoin will reach $100K in 2022 as he predicts it ends that year valued at around $250,000. Ark Invest CEO and equally vocal Bitcoin advocate Cathie Wood is also confident that Bitcoin breaks above this target price within the next five years and extend this value to $500k during this time.

Without giving a prediction or a date for when BTC will reach $500K, Bloomberg analysts have expressed their confidence in the coin’s ability to reach this target price. Through their latest Crypto Outlook report, these crypto experts argue that BTC has higher chances of breaking above $500k than of falling below $20K.

Conclusion: Bitcoin Price Prediction In 2030?

Based on the crypto expert opinion’s, it is safe to assume that Bitcoin price will reach between $500,000 and $4.5 million by 2030. However, considering the barrage of variable factors acting on its price action, the Bitcoin prices could be higher or lower than this.

Remember that all these are informed guesses and that they do not amount to investment advice. Further, when investing in Bitcoin and equally volatile and highly risky investment products, we advise that you only invest what you can afford to lose. 

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Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.

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