Could bitcoin hit $1 million?

The bitcoin bull’s prediction that bitcoin could hit $1 million is based on a few factors including the scarcity of the cryptocurrency which has a cap of 21 million coins, as well as the decentralized nature of the technology. There is no central authority like a central bank that controls bitcoin.

Will the bitcoin price explode by 2030?

Now, one of the most bullish bitcoin voices has issued a huge bitcoin price prediction, forecasting the bitcoin price will explode to a massive $1 million per bitcoin by 2030 even as another crisis threatens to engulf the crypto market. It's in a brutal bear market that you need up-to-date information the most!

How is bitcoin price prediction calculated on coincodex?

The Bitcoin price prediction on CoinCodex is calculated using the historical Bitcoin price dataset, accounting for past volatility and market movements. In addition, the algorithm uses the cyclical nature of Bitcoin halvings, which introduce extra supply-side pressure on BTC every 4 years.

What is the bitcoin price prediction for 2025?

The Bitcoin price prediction for 2025 is currently between $ 39,546 on the lower end and $ 177,384 on the high end. Compared to today’s price, Bitcoin could gain 534.67% by 2025 if BTC reaches the upper price target. The Bitcoin price prediction for 2030 is currently between $ 148,795 on the lower end and $ 265,470 on the high end.