Bitcoin Pricing (2024)

FAQs

What will $100 of Bitcoin be worth in 2030? ›

If this pattern continues into 2030, the price could peak around 2029 or 2030, potentially aligning with Wood's price prediction. If Wood is correct and Bitcoin reaches $3.8 million, a $100 investment in Bitcoin today would be worth $5,510 in 2030. This translates to a compounded annual growth rate (CAGR) of over 95%.

Bitcoin's Price History

Notably, Cathie Wood, CEO of Ark Invest, predicted that bitcoin could reach an astounding $1.48 million by 2030. Obviously, the world's oldest cryptocurrency has come a long way since its first recorded price of less than a cent.

TLDR Considering that Bitcoin is still a relatively small asset class, getting your hands on 1 BTC can indeed make you wealthy in the not-too-distant future. To assess the likelihood of this hypothesis, we have to keep an eye on price graphs and network adoption models.

Using Past Patterns to Forecast Bitcoin Price

If the trend is repeated and Bitcoin finishes this year in line with historical averages, its price could potentially reach around $500,000 by 2025.

Looking at Bitcoin's price history, halvings typically precede higher highs, followed by higher lows. If Bitcoin continues this pattern into 2030, the price could peak around 2029 or 2030. If Wood is correct and Bitcoin reaches $3.8 million, if you invested $1,000 in Bitcoin now, it would be worth $54,280 in 2030.

Fidelity Predicts: $1B per 1 BTC by 2038 — 2040

It claims the value of Bitcoin will grow steadily to about $1 million per full Bitcoin by 2030.

Ark's research suggests the cryptocurrency could soar 2,115% to almost $1.5 million by 2030 -- but Wood herself came out with an even more bullish estimate recently, saying Bitcoin could rocket 5,453% to $3.8 million.

A reasonable assumption that Bitcoin could hypothetically reach the null state of it's value is worth the thought. Even-though such an event is very less likely to take place, there are some factors that could theoretically lead to Bitcoin price crashing to zero.

Cathie Wood, the founder, chief executive officer, and chief investment officer of ARK Invest, believes that Bitcoin could be worth $1 million per coin before 2030, as adoption by institutional investors increases. Whether Wood's prediction materializes remains uncertain.

According to Cathie Wood of Ark Invest, an investment of $63,000 in Bitcoin today could be worth $1 million by 2030. While it's tempting to focus only on Bitcoin's upside potential, factors such as portfolio diversification and volatility also play a role.

Is there a better investment than Bitcoin? ›

A broadly diversified stock portfolio generally presents a safer option than cryptocurrencies because of their intrinsic value and history of delivering solid long-term returns. Cryptocurrencies may hold greater potential for outsized gains, but come with significant risk.

Bitcoins Are Not Widely Accepted

Bitcoins are still only accepted by a very small group of online merchants. This makes it unfeasible to completely rely on Bitcoins as a currency. There is also a possibility that governments might force merchants to not use Bitcoins to ensure that users' transactions can be tracked.

Surpassing the $100,000 Level

Even if BTC adopts a bullish momentum based on favourable outcomes in both events, it is improbable that BTC will be able to surpass the $100,000 level soon, even in 2025. However, despite the challenge, it is not impossible.

Bitcoin could be headed for the stratosphere, according to a new report by Bernstein. The global investment firm is predicting that the world's top digital asset could hit $200,000 by 2025, $500,000 by 2029 and—no, you're not seeing things—$1 million per token by 2033.

For that reason, while current market conditions are favorable for anyone considering buying Bitcoin, it is an asset you should purchase only at your own risk. Because while Bitcoin may have the potential for significant returns, you may also lose most of your investment.

Investing $100 in Bitcoin alone is not likely to make you wealthy. The price of Bitcoin is highly volatile and can fluctuate significantly in short periods. While it is possible to see significant returns in a short time, it is also possible to lose a substantial amount just as quickly.

Executive Summary: Bitcoin Price of $2.9M by 2050

Using assumptions about global growth, investor BTC demand, and Bitcoin's turnover, we apply a velocity of money equation to suggest a potential price of $2.9M per Bitcoin, translating to a total market cap of $61 trillion.

There's a strong likelihood that the bull market will persist, possibly pushing Bitcoin's price to $100,000 by year-end. The market has seen an influx of new investors, both retail and institutional, who are using spot ETFs to enter the market conveniently.