What Are the Odds Bitcoin Reaches $1 Million by 2030?
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- A $1 million price implies a Bitcoin market value near $20.5 trillion by 2030.
- Brian Armstrong sees $1 million by 2030, citing institutional and sovereign demand.
- ARK’s 2030 model ranges from $300,000 in its bear case to $1.5 million in its bull case.
A million-dollar Bitcoin would require more than another halving-driven rally. It would demand a shift in how investors, companies, and governments store wealth. Coinbase CEO Brian Armstrong sees the target as possible by 2030, while ARK Invest includes it in a bullish scenario. The arithmetic exposes the scale of adoption required.
BlackRock’s iShares Bitcoin Trust benchmark stood at $75,754.71 on November 6. Reaching $1 million would mean a 13.2-fold increase in just over four years, or annualized growth of about 86%.
A Seven-Figure Price Requires a $20 Trillion Market
ARK estimates Bitcoin’s supply will …
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