Key Takeaways
- Cathie Wood predicts Bitcoin could reach $1.5M by 2030 in ARK's Bull Case.
- Robert Kiyosaki and Eric Trump also forecast $1M Bitcoin due to inflation and debt.
- Bitwise sees $200K as a near-term target amid sovereign risk and ETF inflows.
Several high-profile financial analysts and investors are forecasting that Bitcoin could soar past $1 million by the end of the decade, fueled by growing concerns over inflation, sovereign debt, and weakening fiat currencies.
Cathie Wood’s bull case
ARK Invest CEO Cathie Wood predicts Bitcoin may reach $1.5 million by 2030 in the firm’s “Bull Case” scenario.
In a February 11 video, Wood said this would require a 58% compound annual growth rate, driven largely by institutional demand.
Robert Kiyosaki’s long-term outlook
Robert Kiyosaki, author of Rich Dad, Poor Dad, offered a similar outlook, albeit with a longer timeline.
On April 18, citing ballooning U.S. federal and consumer debt, he wrote:
I strongly believe, by 2035, that one Bitcoin will be over $1 million.
He warned that a looming stock market crash could leave only those who hedge with assets like Bitcoin, gold, or silver in a strong financial position.
Eric Trump’s economic vision
Eric Trump added to the chorus, predicting in late 2024 that Bitcoin could hit $1 million, praising its potential to reshape the global economy.
Short-term optimism
Meanwhile, analysts remain optimistic in the short term.
10x Research’s Markus Thielen sees the next major resistance at $122,000, and Bitwise’s André Dragosch believes Bitcoin could top $200,000 by the end of 2025.
Dragosch cited sovereign credit risk and institutional accumulation, saying:
Based on today’s default probability across all G20 sovereign bonds, it’s already above $200,000 for Bitcoin.
