Bitcoin Price Prediction 2030: Could BTC Price Hit $1 Million Soon?

Many experts are interested in making the Bitcoin forecast for 2030. Some believe that the price of this cryptocurrency could reach millions of dollars, but other analysts are not so sure. What is the prediction for Bitcoin price? Let’s try to find out!

Briefly About BTC Price History

Making a Bitcoin price prediction today for 2030 is not an easy task. It is sometimes difficult to predict the price of this cryptocurrency even for the next week, let alone several years. Many experts in the industry, including trader Mike Novogratz, have tried to make annual predictions that ultimately turned out to be senseless.

But there are those who argue that it is possible to make a BTC price forecast for 10 years ahead. They point to a four-year cycle for Bitcoin, in which 12-18 months after the price has halved, explosive growth usually follows. However, they forget to mention the bear market, a protracted decline that generally took place. This cycle resulted in a significant drop in the BTC price in 2018.

BTC Price Chart of 2018-2019

When it comes to predicting the Bitcoin rate for 2030, one should remember that, in theory, this year will be dominated by a bear market. In 2014, two years after the very first halving, BTC lost 37.4% of its value in the 1st quarter, 39.7% in the 3rd quarter, and another 16.7% in the 4th quarter, which led to a drop of almost 50%. A similar situation occurred four years later in 2018 — then there was a decrease of 49.7% in the 1st quarter, 7.7% in the 2nd quarter, and 42.2% in the 4th quarter.

If you’re interested in Bitcoin price history, make sure to check our review on BTC price changes from 2009 to 2021, full of charts and helpful information.

Suppose the Bitcoin price prediction can be based on how the situation was in the past (which, of course, is not a reliable indicator of what will happen in the future). In that case, significant price corrections can be expected in 2022, 2026, and 2030.

Let’s take a look at the top Bitcoin price predictions for 2030, including a long-term analysis of major events that could happen soon.

What is the Prediction for Bitcoin Price: Stock-to-Flow Model

We will start considering the Bitcoin future price prediction for 2030 from the stock-to-flow model developed by the anonymous trader PlanB. Although it has sparked controversy in the cryptocurrency community, this model has also won praise. Forbes called it ‘surprisingly accurate.’

Its essence is very simple. Every four years, the number of new bitcoins coming into circulation is reduced by 50%. This process, as mentioned above, is called halving. Currently, 6.25 coins are mined every 10 minutes, equivalent to about 900 bitcoins per day. This volume will drop to 3.125 BTC per hour in 2024 and to 1.5625 BTC by 2028. Accordingly, the S2F theory is that a decline in supply causes prices to rise if demand remains high.

Given that there will only be 21 million bitcoins in the world at some point in time, and provided that cryptocurrency investors do not sell it for years, only a small fraction of the total supply will remain liquid. This will force newbies and enthusiasts to pay a premium to buy Bitcoin. According to this model, the first cryptocurrency is expected to hit $900K at some point in time in 2025.

Analyst Scott Melker argues that the average price of $288K can be reached as early as 2022. He once said:

I would not be surprised at all to see Bitcoin trading in six figures within the next six to 12 months, or Ethereum even pushing towards $10,000 in that time.

Still, while making a Bitcoin price prediction today, one should also remember the negative factors that affected Bitcoin and the crypto market in general in May 2021. For example, a serious negative influence has been caused by the Chinese government’s ban on cryptocurrency transactions. Thus, when forecasting the Bitcoin rate, one should take both positive and negative factors into account.

Bitcoin Price Prediction Today: What Do Investors Think?

Analysts, of course, can loudly declare their forecasts about the astronomical growth of Bitcoin. But, perhaps, one should pay attention to the opinions of investors since their actions can influence how the market will develop.

A survey conducted by Genesis Mining in December 2020 gave us some insight into the long-term Bitcoin price prediction from an investor perspective. It turned out that 65.8% of respondents were optimistic about the long-term future of this digital asset, and 66.2% believed that BTC is a more profitable long-term investment than the dollar.

However, opinions differ greatly when investors are asked to provide an accurate Bitcoin future price prediction. Only 4.8% believed that it could cost more than $500K, while 5.5% predicted a range from $50K to $100K. Another 21.8% believed that the price would fall below $5K.

Still, it is worth noting that this survey was conducted at the very beginning of Bitcoin’s explosive growth when it was trading at about $19K in 2017. If the same respondents were interviewed on 20 October, when the currency reached its all-time high of $66K, then it is quite possible that their answers would be completely different. 

3 Month BTC Price Chart

Bitcoin Future Price Prediction for 2030

Another Bitcoin price prediction 2021 is that the asset will become less volatile over time. For example, Raoul Pal, founder of the financial television channel Real Vision, believes that the closer to 2030, the weaker Bitcoin’s fluctuations will be. He doesn’t believe the coin will be stable enough to be used for daily purchases.

Still, Raoul Pal also predicted that Bitcoin will be worth between $250K and $400K by March 2022 — with ETH surging to unprecedented highs of $20K.

Other experts estimate that one billion people will own Bitcoin by 2030. However, this means that most of them will only be able to buy a tiny fraction of Bitcoin. And that’s a problem because miners need financial encouragement to keep the network running smoothly. 

While some investors believe Bitcoin will be able to outperform gold’s market cap in the long term, there are only a few Bitcoin forecasts for 2030 that this leading digital asset will outperform fiat money.


And yet, as history shows, a lot can change in 10 years. In 2011, 1 bitcoin was only worth $1. In the near future, we are likely to see central banks worldwide start issuing their own digital currencies. Perhaps harmonized regulation of Bitcoin around the world is just around the corner. 

If you’re interested in buying BTC, you should definitely think about doing this at Switchere. On our platform, you have an opportunity to buy BTC in the fastest and most convenient way using your credit card. Moreover, we offer some surprising bonuses! Users of our platform enjoy a 0% service fee for the first order.

What is the prediction for Bitcoin price? What do you guys think? Feel free to share your forecasts in the comments below!

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