Some well-known financial commentators and investment analysts predict that Bitcoin will experience a long-term upward trend, potentially pushing asset prices above $1 million by the end of this century, driven by rising inflation and increasing global debt.
ARK Invest CEO Cathie Wood stated that in her company's "bull case" forecast, Bitcoin (BTC) could reach $1.5 million by 2030. In a video on February 11, Wood mentioned that this price requires BTC to grow at a compound annual growth rate of 58% over the next five years, primarily driven by increased institutional adoption.
Renowned financial educator and author of "Rich Dad Poor Dad," Robert Kiyosaki, predicts that Bitcoin's price will reach a relatively modest $1 million by 2035.
"I firmly believe that by 2035, one Bitcoin will exceed $1 million, gold will reach $30,000, and silver will be $3,000 per ounce," Kiyosaki wrote in an X post on April 18, citing the record U.S. federal debt and credit card debt in 2025 as major driving factors for safe-haven assets like gold and Bitcoin.
Kiyosaki predicts that the rising fiscal debt could lead to "the largest stock market crash in history," and that if investors hedge by investing "in just one Bitcoin, or some gold, or silver," it could make them "very wealthy."
Other analysts, including Raoul Pal, point out that the depreciation of fiat currency is a key reason for Bitcoin's appeal as a hedging tool.
In December 2024, Eric Trump, son of U.S. President Donald Trump and executive vice president of the Trump Organization, also predicted that Bitcoin would reach $1 million, citing its potential to "positively change the global economy."
According to Markus Thielen, CEO and research director of 10x Research, Bitcoin's price movements have historically moved in increments of $16,000.
Based on the latest price trends, this suggests that Bitcoin's next significant resistance level is close to $122,000, Thielen told Cointelegraph during the Chain Reaction daily X space program on May 22, adding:
"We have been quite bullish for the past five or six weeks. We were bearish after the February Trump inauguration, but we have turned quite bullish."
"Open interest is high, but funding rates are low, which I think indicates that people are trying to short this rebound," Thielen said, adding that $122,000 remains the next important price target to confirm the continuation of Bitcoin's upward trend.
According to André Dragosch, head of research at Bitwise Europe, Bitcoin could extend its upward trend to a price peak of over $200,000 by the end of 2025.
"Canadian Bitcoin supporter Greg Foss proposed a model to value Bitcoin based on a basket of G20 sovereign bonds," Dragosch said, adding:
"Based on the default probabilities of all these G20 sovereign bonds today, Bitcoin is already above $200,000."
He added that growing concerns over sovereign credit risk and institutional capital inflows could be catalysts for Bitcoin's next rebound.
Related: Cathie Wood: Crypto ETFs won't "lose their luster" due to wallet adoption growth
Original article: “Bitcoin (BTC) to Reach $1 Million by 2030: Notable Figures Predict Debt-Driven BTC Surge”
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