Well, it seems the big bitcoin price predictions are back. And they’re bigger than ever. Coinbase’s CEO, Brian Armstrong, just tossed his hat into the ring with a figure that’s hard to ignore.
In a post on X this week, Armstrong said he thinks bitcoin could hit $1 million per token by 2030. That’s a pretty specific number. He was talking about his appearance on a podcast, the Cheeky Pint, and just… put it out there. What’s interesting is that he doesn’t usually do this. He’s not known for throwing out price targets, which makes this stand out. It feels like more than just casual hype.
A Growing Chorus of Optimism
He’s certainly not alone in that line of thinking. Jack Dorsey, the former Twitter boss who now focuses on Block, has said pretty much the same thing. A million by 2030, and then maybe even keep going from there. Their shared background in running major tech and payment companies gives this a certain weight, I suppose.
Then there’s Cathie Wood’s firm, Ark Invest. They went and revised their own outlook last month. Their new projection is, frankly, staggering—as high as $3.8 million. The reasoning there seems to be all about big money finally getting in. Institutions, you know? They see that as the main thing that could push the price to those insane levels.
Bitcoin’s Current Run-Up
All this talk isn’t happening in a vacuum, of course. Bitcoin’s been on a tear. It’s trading around $114,000 as of this writing, which is up more than twenty percent just this year. It even broke through $124,000 last week, a new record. That kind of momentum gets people talking. The old arguments are coming back: it’s a hedge, a digital version of gold, a place to put money when you’re worried about inflation. Whether that’s truly proven is still up for debate, but the rally certainly makes the case stronger.
Short-Term Predictions Are Even More Aggressive
But some folks aren’t even waiting for the end of the decade. Anthony Scaramucci, who runs SkyBridge Capital, was on CNBC recently suggesting we could see bitcoin between $180,000 and $200,000 in just the next five months. He even said that might be a conservative guess. It’s a wildly different timeframe, and it shows how divided the expectations are.
So you’ve got this range, from a few months to several years out. The common thread is a belief that this isn’t over. Whether any of it comes true is another matter entirely. It’s a mix of analysis, hope, and perhaps a bit of necessary optimism from people who are deeply invested in the ecosystem. One thing’s for sure—it gets people paying attention.
