- Coinbase CEO Brian Armstrong predicts Bitcoin could hit $1M by 2030, joining Jack Dorsey, Cathie Wood, and Anthony Scaramucci in bold long-term calls.
- BTC recently set a new all-time high above $124K, before cooling to around $114K, still up 22% this year.
- Analysts cite institutional adoption, ETF inflows, and global demand for safe-haven assets as key drivers that could push Bitcoin toward seven figures.
Bitcoin’s been on a tear lately, and now some of the biggest voices in crypto are raising their bets higher than ever. Coinbase CEO Brian Armstrong, usually cautious when it comes to price targets, broke his silence this week with a bold claim: Bitcoin could hit $1 million per coin before 2030.
“I think we’ll see $1 million by the end of the decade,” Armstrong posted on X, while promoting his guest spot on the Cheeky Pint podcast. The prediction adds his name to a growing list of heavyweights—Jack Dorsey, Cathie Wood, Anthony Scaramucci—who are all calling for a parabolic decade ahead for the world’s largest cryptocurrency.
Big Names, Bigger Targets
Jack Dorsey, the former Twitter boss and co-founder of Block, has long been vocal about Bitcoin’s future, saying it won’t just reach $1 million but could “go far beyond.” Meanwhile, Cathie Wood’s Ark Invest recently raised its long-term target to as much as $3.8 million per BTC, hinging on the idea that institutional adoption will drive explosive demand.
Shorter-term, others are more aggressive. Anthony Scaramucci of SkyBridge Capital told CNBC that Bitcoin could rally to between $180,000 and $200,000 within just five months. And, in his words, even that “might be conservative.”
Market Context: From $124K Highs to Steady Strength
Bitcoin isn’t exactly limping into these predictions—it’s been flexing. Just last week, BTC hit a fresh all-time high above $124,000 before pulling back slightly to $114,383. That’s still a 22% gain for the year, underscoring its growing appeal as both a hedge against inflation and a modern alternative to gold.
The current rally has also fueled arguments that Bitcoin is no longer a fringe asset, but one consolidating into the global financial system. With ETFs flowing, corporate treasuries holding, and governments treating BTC as strategic reserves, the narrative is shifting from “if” to “how fast.”
The Road to $1 Million
The $1M call might sound wild—but so did $100K not long ago. The drivers are clear: institutional adoption, limited supply, rising global demand for inflation hedges, and growing recognition of Bitcoin as a “digital safe haven.” If ETFs continue to absorb supply at this pace, some analysts argue it’s not a question of if we’ll see Armstrong’s prediction play out, but when.
Of course, skeptics warn that macro headwinds, regulation, or even a shift in investor sentiment could stall momentum. But for now, the bold calls are stacking up—and Bitcoin’s price action seems determined to keep fueling the hype.
