Bitcoin Price Prediction 2030 & 2040 (July 2024 Update) (2024)

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Bitcoin Price Prediction 2030 & 2040 (July 2024 Update) (1)Bitcoin Price Prediction 2030 & 2040 (July 2024 Update) (2)

Economics

Max Keiser predicts Bitcoin tobeworth $200K in2024. Fidelity predicts one Bitcoin will beworth $1B in2038. Hal Finney predicted $22M per Bitcoin by2045. Let’s look into why inmore detail…

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Bitcoin Price Prediction 2030 & 2040 (July 2024 Update) (4)Bitcoin Price Prediction 2030 & 2040 (July 2024 Update) (5)

Drew

Jul 3, 2024July 3, 202421 min read21 minutes read

In this article

  • The Nakamoto Portfolio Monte Carlo Strategy Price Prediction
  • Hal Finney’s Thought Experiment — $22M per BTC
  • Peter Brandt: $120k - $200k per BTC by September 2025
  • Fidelity Predicts: $1B per 1 BTC by 2038 - 2040
  • Chamath Palihapitiya Predicts $500k by October 2025, $1M per 1 BTC by 2040 - 42
  • Max Keiser Predicts: $200K per 1 BTC By End of 2024
  • Bernstein Analysts Predict Bitcoin Price Surge to $200,000 by 2025
  • Bitcoin Historical Halving Events
  • Post-Halving Bitcoin Price Prediction
  • Analyzing the Experts Bitcoin Price Prediction
  • Peter Brandt: $120k - $200k per 1 BTC by September 2025
  • Chamath Palihapitiya Predicts $500k by October 2025, $1M per 1 BTC by 2040 - 42
  • Max Keiser Predicts $200K per 1 BTC in 2024
  • Bitcoin's Pricing History
  • What Will Happen to Bitcoin Now That ETFs Have Been Approved?
  • Closing Thoughts

Disclaimer: The Bitcoin price predictions below donot necessarily reflect the views ofSwan Bitcoin.

Now that the Bitcoin halving isinthe rearview mirror, this analysis delves into the complexities ofpast performance and emerging trends toprovide readers with acomprehensive understanding ofhow various industry leaders formulate their price predictions.

Wewill explore various influences that may determine Bitcoin’s price trajectory in2025, 2030, and 2040. Byscrutinizing historical data and evaluating potential scenarios, weaim tooffer awell-rounded perspective onwhat the future holdsfor Bitcoin’s valuation inapost-halvingworld.

The Nakamoto Portfolio Monte Carlo Strategy Price Prediction

The Nakamoto Portfolio Theory isaset offrameworks tohelp investors understand the impact anemerging asset like Bitcoin has aportfolio allocation.

How hard itistoforecast Bitcoin’s price?

Using history asaguide, wecan run asimulation toforecast 1-year returns using aMonte CarloSimulation.

Hal Finney’s Thought Experiment— $22M per BTC

Back in2009 when Bitcoin was first released, visionary cryptographer and Bitcoin pioneer Hal Finney boldly predicted that each Bitcoin could one day reach astaggering $10 million invalue.

Hal Finney’s prediction was not based onmere speculation but rather onathoughtful analysis ofBitcoin’s potential asaglobal paymentsystem. Finney envisioned ascenario where the collective value ofBitcoin would align with the total wealth ofthe world, which heestimated tobewithin the range of$100 trillion to$300 trillion dollars atthe time.

Bydividing this value among the limited supply of21 million Bitcoin, his calculation resulted inanastonishing value of$22,074,619 per Bitcoin.

Atthe time, Hal’s prediction may have seemed highly speculative oreven absurd toacasual observer atthetime. However, in2024— many people today share his opinion about Bitcoin’s price potential.

Peter Brandt: $120k— $200k per BTC bySeptember 2025

Legendary prop trader and Market Wizard Series author Peter Brandt took toTwitter torevise aprevious prediction ofhis. We’ll cover that below!

Fidelity Predicts: $1B per 1 BTC by2038— 2040

Fidelity has been closely monitoring the development ofBitcoin more than most TradFi institutions. Jurrien Timmer, Director ofGlobal Macro atFidelity Investments, thinks the value ofasingle Bitcoin could reach $1 billion bythe year 2038— 2040.

Chamath Palihapitiya Predicts $500k byOctober 2025, $1M per 1 BTC by2040— 42

Chamath Palihapitiya, aprominent venture capitalist and early Bitcoin investor, has made significant waves inthe crypto community with his bold predictions. Palihapitiya’s views onthe future ofBitcoin offer acaptivating glimpse into the potential growth and adoption ofthis digitalasset.

Max Keiser Predicts: $200K per 1 BTC ByEnd of2024

Max Keiser, aseasoned financial broadcaster and Bitcoin advocate has long been known for his outspoken and sometimes controversial predictions.

Keiser’s unique insights into Bitcoin’s price movements and broader global economic implications provide athought-provoking perspective.

We’ll keep aclose eye onthis prediction asthe year unfolds.

Bernstein Analysts Predict Bitcoin Price Surge to$200,000 by2025

Analysts atresearch and brokerage firm Bernstein have revised their Bitcoin price target upwards, forecasting that the cryptocurrency could reach nearly $200,000 bythe end ofnextyear. This optimistic prediction follows strong inflows into spot U.S. Bitcoin exchange-traded funds (ETFs) since their approval inJanuary.

Previously, Bernstein had set atarget of$150,000 forBitcoin.

The analysts' projection assumes spot Bitcoin ETFs will account for around 7% ofthe total circulating Bitcoin supply bythe end of2025. “Wesee Bitcoin ETFs asonthe cusp ofapprovals atmajor wirehouses and large private bank platforms inthe third and fourth quarters,” wrote Bernstein analysts Gautam Chhugani and Mahika Sapra inanote toclients.

They describe the institutional basis trade asa“Trojan Horse” for adoption, with institutional investors currently evaluating longpositions. Presently, nearly 80% ofspot Bitcoin ETF flows come from self-directed retail investors via broker platforms, while institutional integrations with wirehouses are still intheir earlystages.

According toBernstein, combined ETFs have already attracted around $15 billion innet new flows.

Analysts expect:

  • Bitcoin ETFs torepresent approximately 7% ofBitcoin incirculation by2025 and about 15% by2033.

  • They project that spot Bitcoin ETFs will reach around $190 billion inassets under management (AuM) bythe market peak in2025 and $3 trillion by2033.

Key Points

  • Bitcoin Price Prediction: Bernstein forecasts Bitcoin could hit $200,000 by2025, upfrom aprevious target of$150,000.

  • ETF Impact: Strong inflows into spot U.S. Bitcoin ETFs drive this optimisticoutlook.

  • Institutional Adoption: Spot Bitcoin ETFs are expected togain approvals atmajor wirehouses and private bank platformssoon.

  • Retailvs. Institutional Investment: 80% ofspot Bitcoin ETF flows are from retail investors, with institutional investments stillemerging.

  • Long-term Projections: Spot Bitcoin ETFs could manage $190 billion inassets by2025 and $3 trillion by2033.

Bitcoin Historical Halving Events

First Halving— November 2012

  • Pre-Halving Price: ≈$11

  • Post-Halving Price: The price increased steadily and reached about $1,100 inNovember 2013, ayear after thehalving.

Second Halving— July 2016

  • Pre-Halving Price: ≈$650

  • Post-Halving Price: Bitcoin experienced gradual growth, reaching around $20,000 byDecember 2017, peaking inadramatic bullrun.

Third Halving— May 2020

  • Pre-Halving Price: ≈$8,000

  • Post-Halving Price: Bitcoin eventually soared toanew high despite initial stagnation, reaching nearly $64,000 inApril 2021.

Forth Halving— April 2024

  • Pre-Halving Price

    • ≈$61,000

Current Bitcoin Price

Post-Halving Bitcoin Price Prediction

What conclusions can wedraw from previous post-halving Bitcoin data?

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While historical data suggests apossible price increase following ahalving event, several factors could influence future price movements:

  • Adoption Rate: Increased adoption ofBitcoin asastore ofvalue and medium ofexchange can increaseprices.

  • Regulatory Environment: Changes inregulatory frameworks inmajor economies can significantly impact theprice.

  • Macro-Economic Conditions: The broader economic environment, including inflation rates and the performance ofother asset classes, can also affect Bitcoin’sprice.

  • Technological Developments: Enhancements inblockchain technology and Bitcoin’s network could impact its utility and, byextension, itsprice.

Analyzing the Experts Bitcoin Price Prediction

The Nakamoto Portfolio Monte Carlo Strategy Price Prediction

Using history asaguide, wecan run asimulation toforecast 1-year returns using aMonte CarloSimulation.

Quick Results

  • Average expected price in1 year = $144k

But the average here isnot agreat indicator.

Itisthe same assaying you will stick your head inarefrigerator and your feet inthe oven, and (onaverage) you will befine.

Conclusion? Prices are close tobeing impossible toforecast.Anyone picking prices with certainty did not run thenumbers.

The good news?

77% ofthe simulations are positive

The returns compared tothe vol are among some ofthe best you can find inany assetclass.

Fidelity Predicts: $1B per 1 BTC by2038— 2040

Jurrien Timmer, Director ofGlobal Macro atFidelity Investments, predicts astaggering future for Bitcoin, suggesting that the value ofasingle Bitcoin could soar to$1 billion by2038 to2040.

Timmer’s demand model isrooted inMetcalfe’s Law. Itclaims the value ofBitcoin will grow steadily toabout $1 million per full Bitcoin by2030. Anetwork like Bitcoin comprises aset ofnodes that form connections with one another and follow aprotocol, agroup ofrules.

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Understanding Bitcoin’s Value Through Metcalfe’s Law

Metcalfe’s Law proposes that anetwork’s value isproportional tothe square ofits number ofusers.

Applying this toBitcoin, Timmer predicts that the cryptocurrency’s value could reach approximately $1 million per Bitcoin by2030 asthe network expands and reaches acritical mass, sparking what herefers toasasupermajority feedback networkeffect.

Jurrien further broke down his reasoning onTwitter.

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Fidelity has observed asignificant surge ininterest inBitcoin among its largest institutional clients, with 90% expressing akeen interest incryptocurrency investments. Inresponse, Fidelity established Fidelity Digital Assets, adivision focused ondeveloping sophisticated Bitcoin custodysolutions.

InJune of2022, Fidelity Digital Assets division released aprice modeling document titled: Valuing Bitcoin— Modeling the Price ofBitcoin asaMonetary Asset Through Market Forces.

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The following month, inJuly, Fidelityinvested $20 milliontoacquire a7.4% stakeinMarathon Digital Holdings, amajor crypto-mining company based inNorth America.

Fidelity’s Strategic Investments inCryptocurrency

Further solidifying its commitment tothe Bitcoin sector, inJuly 2022, Fidelity invested $20 million toacquire a7.4% stake inMarathon Digital Holdings, aprominent crypto-mining company based inNorthAmerica. This move ispart ofabroader strategy tointegratedeeperinto the Bitcoinecosystem.

OnJune 13th, 2024 Timmer posted the following tweet onTwitter:

SEC Approves Spot Bitcoin ETF

The SEC approved aSpot Bitcoin ETF onJanuary 10th, 2024 including Fidelity’s own Bitcoin ETF,Wise Origin Bitcoin Trust.

According tothe most recent data compiled byHey Apollo, BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s Wise Origin Bitcoin Fund (FBTC) are atthe forefront.

Large User Base

Bitcoin has the largest cryptocurrency user base andnetwork. Asinstitutions like Fidelity helponboard its clientsinto the Bitcoin network, its value increases exponentially, attracting more users and reinforcing its position asthe top digitalasset.

OnNovember 1st, Timmer revisited his 2020 thesis inaTwitter thread.

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InJanuary 2022, Fidelity outlined Bitcoin’s unique characteristics, why they make Bitcoin fundamentally different from other digital assets, and why this isimportant for investors toconsider.

InOctober 2023, they released areport titled: Bitcoin First Revisited: about why investors need toconsider Bitcoin separately from other digitalassets. Init, they double down onwhy Bitcoin isunique from all other digital assets and belongs inits own category.

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Peter Brandt: $120k— $200k per 1 BTC bySeptember 2025

Peter Brandt, arenowned trader with decades ofexperience, recently shared aninsightful update onBitcoin’s future through aTwitter post. Inhis latest analysis, Brandt highlighted asignificant breakthrough where Bitcoin has exceeded the upper boundary ofits 15-month trading channel, marking acritical development inits marketbehavior.

Revised Bitcoin Price Prediction

Initially, Brandt’s forecast for Bitcoin atthe peak ofthis cycle was set at$120,000. However, with the recent developments and Bitcoin’s strong performance, hehas revised his prediction upward toanambitious $200,000.

His adjustment reflects his confidence inBitcoin’s continued growth and its potential toreach new heights, instilling asense ofoptimism inthemarket.

Chamath Palihapitiya Predicts $500k byOctober 2025, $1M per 1 BTC by2040— 42

Chamath Palihapitiya, aprominent venture capitalist and technology investor, sees Bitcoin not just asacryptocurrency but asapotential global reserve currency with distinct characteristics that differentiate itfrom traditional financial systems.

His perspective isbuilt onBitcoin’s unique attributes, which include its decentralization, borderless nature, scarcity, robust security features and potential asadual-currency.

InJanuary 2021, ChamathtoldCNBC:

“The reason isbecause, every time you see all ofthis stuff happening, itjust reminds you that wow, our leaders are not astrustworthy and reliable asthey used tobe… [s]o just incase, wereally doneed tohave some kind of, you know, insurance wecan keep under our pillow that gives ussome access toanuncorrelated hedge.”

CNBC: Bitcoin going to$100K, then $150K, then $200K says Palihapitiya

Bitcoin’s Role asaStore ofValue

Palihapitiya asserts that Bitcoin’s structure positions itasanexcellent store ofvalue, acrucial aspect intimes ofgeopolitical uncertainties and growing skepticism towards traditional fiat currencies.

Heargues that critics like Warren Buffet don’tfully grasp Bitcoin’s potential asatrusted alternative and areserve currency for nations and corporate balance sheets worldwide.

Scarcity Driving Value

Acentral tenet ofPalihapitiya’s thesis isBitcoin’s limited supply cap of21 million coins, which ensures its deflationary nature. This scarcity isexpected tointensify over time asthe maximum supply limit approaches, afactor that could inevitably drive Bitcoin’s price upwards asdemand continues torise.

Palihapitiya believes this scarcity, combined with increasing global adoption, will drive demand and result insignificant price appreciation over the longterm.

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InDecember 2020, JPMorgan made asignificant forecast, suggesting that Bitcoin would likely impact gold’s market position for years tocome.

The post-halving inflation rate onthe Bitcoin network iscurrently 0.84%.

In2021, just before Bitcoin’s all-time-high peak, ChamathsaidBitcoin had“effectively replaced gold.” InJune 2022,authorities inUganda revealed asignificantfind ofaround 31 million metric tonnes ofgold ore within thenation.

This discovery could yield 320,158 metric tonnes ofpurified gold, with anapproximate valuation of$12 trillion - represents more than the entire amount ofgold above ground and accounted for intotal supply.

Asthis gold isrecovered, itwill begin todilute the scarcity properties ofthe metal significantly. Bitcoin was engineered tobedeflationaryovertime. The nextblock-halving event(which should occur inApril 2024) changes Bitcoin’sinflation rate toonly 0.84%. This monetary policy makes for anideal store ofvalue over long periods.

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Palihapitiya emphasizes the growing interest and adoption ofBitcoin byinstitutionalinvestors. The involvement ofmajor financial institutions, such asTesla,MicroStrategy, and PayPal, has contributed toBitcoin’s legitimacy asaninvestment asset.

Institutional Adoption Boosting Bitcoin’s Legitimacy

Asmore businesses, institutions, and family office-type investors recognize Bitcoin’s potential asahedge against the legacy banking system and adiversification tool, Palihapitiya expects increased capital inflows and further price appreciation.

Bitcoin’s Technological Advancements

Healso maintains the Bitcoin network’s continuous development,scalability improvements, andenhanced privacyfeatures will contribute toits widespread adoption and further bolster its value proposition.

Palihapitiya’s Bitcoin priceprediction spans 20 years, emphasizing the long-term nature ofhis outlook.

Hedoesn’t believe the U.S. dollar will lose its reserve currency status anytime soon and acknowledges Bitcoin’s path tobecoming aglobal reserve currency will likely face numerous challenges and regulatory hurdles.

Onthe May 31st, 2024 episode ofAll-In Podcast, Chamath Palihapitiya predicted that Bitcoin could reach anall-time high of$500,000 byOctober 2025. Chamath’s prediction starts atthe 53:00 minute-mark.

Chamath contends that countries should consider using Bitcoin alongside their local currencies for several reasons:

  1. Financial Inclusion: Bitcoin can provide financial services tounbanked and underbanked populations, promoting greater economic participation.

  2. Economic Stability: Byadopting Bitcoin, countries can shield their economies from the volatility oflocal currencies and inflationarypressures.

  3. Global Integration: Bitcoin adoption can enhance acountry’s integration into the global digital economy, attracting tech-savvy investors and entrepreneurs.

Max Keiser Predicts $200K per 1 BTC in2024

Keiser believes that the global economic landscape, marked byexcessive debt levels, currency devaluation, and geopolitical uncertainties, creates afavorable environment for Bitcoin.

AsofJuly 26th, 2024— U.S. National Debt: $34.964 trillion

Heargues that traditional fiat currencies are prone toinflationary pressures and can besubject topolitical manipulation and isvery outspoken inhis belief weare atthe300-year end-game for the central bankingPonzi scheme.

Favoring Bitcoin

Incontrast, Bitcoin’s decentralized nature and limited supply make itanattractive alternative for individuals seeking astore ofvalue and protection against economicvolatility. Keiseroften criticizes central bank policies, such asquantitative easing and low interest rates, which heviews asdetrimental tothe stability offiat currencies.

According toKeiser, these policies erode the value oftraditional currencies and push investors towards alternative assets like Bitcoin and sees Bitcoin asahedge against the risks associated with central bank interventions.

Bitcoin asaHedge Against Economic Instability

Keiser contendsBitcoin isthe ultimate insurance policyand hedge against the traditional central bankingsystem.

The Deflationary Advantage ofBitcoin

Hehighlights Bitcoin’s limited supply andscarcity asafundamental driverofits price appreciation and argues that asmore investors recognize the importance ofadeflationary assetinaninflationary world, demand for Bitcoin will rise, pushing its pricehigher.

Network Effects and Bitcoin’s Adoption

Keiser often mentionsnetwork effects.

Bitcoin’s value will increase asmore individuals, institutions, and merchants adoptBitcoin. Asits user base grows— Bitcoin will become more widely accepted asamedium ofexchangeand store ofvalue.

Max isaSenior Bitcoin AdvisortoPresident Bukele ofElSalvador tofurther thecountry’s goals and commitmenttothe Bitcoin Standard.Despite Bitcoin’s reputation for volatility, Keiser sees itasanopportunity rather than adrawback.

Volatility asanOpportunity

Heargues that Bitcoin’s price volatility gives traders and investorssignificant profit potential. Keiser often encourages individuals toembrace volatility and use itasanadvantage when entering the Bitcoinmarket.

Long-Term Price Potential ofBitcoin

Kesier isalso onrecord stating hebelieves Bitcoin will eventuallyreach $1M per BTC, closer toour Bitcoin price prediction 2040 targetdate.

Today, Bitcoin makes uponly ≈ 0.05% ofthe pool ofinvestable assets.

Thought Experiment: IfBitcoin captured (X%) ofeach asset class below, what price prediction conclusions can wedraw fromthis?

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Bitcoin Price Prediction Math: $200 trillion / 21 million BTC = $9,523,809.52 per BTC

What Will Determine Bitcoin’s 2025, 2030 & 2040Price?

Before wecan provide any Bitcoin price prediction, wefirst must consider the various factors influencing pricemovements…

Supply and Demand Dynamics

Asdemand for Bitcoin increases, especially inthe face oflimited supply, the price likelyincreases. Conversely, when demand falls orstagnates, Bitcoin faces downward pressure, and the prices maydrop.

Due toBitcoin’s automatic 'Difficulty Adjustment' mining algorithm component, it’ssupply curve isdeterministic. This adjusts the difficulty ofthe mining process such that nomatter how little orhow much mining hash power isapplied, the average block interval remains anchored for around 600 seconds or10minutes.

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Learn more about Bitcoin hashrate here.

Factors That Will Shape Bitcoin’s Price in2025, 2030, and 2040

When forecasting Bitcoin’s future price for 2025, 2030, and beyond to2040, it’s crucial tounderstand the diverse factors that could drive its marketvalue. Here’s adeep dive into the key elements that could shape Bitcoin’s trajectory.

Supply and Demand Dynamics

Bitcoin halving events, which occur roughly every four years, reduce block rewards for miners byhalf. This automatically programmed periodic decline innewly minted Bitcoin further restrictssupply. Itusually sparks aperiod ofvery bullish price action.

Inthe year leading uptoBitcoin halving events, many investors come out with their own Bitcoin price predictions. So, what other factors should weconsider?

Market Sentiment and Investor Behavior

Aswith any asset, market sentiment significantly impacts Bitcoin’s price.

Positive news, recommendations from influential figures, orinstitutional investments can trigger FOMO (Fear OfMissing Out) among investors and lead toprice increases.

Conversely, negative news, regulatory uncertainties, orsecurity breaches can lead topanic selling and sudden major price declines.

Technological Advancements and Adoption

Bitcoin’s value islinked toits adoption andutility. Technological developments that improve the network’s scalability, security, and efficiency can enhance confidence inBitcoin and potentially drive its price upwards.

Moreover, increased merchant acceptance and widespread use cases contribute tothe perception ofBitcoin asaviable payment method, further impacting itsprice.

Regulatory Developments

The regulatory landscape significantly impacts the cryptocurrencymarket. Favorable regulations that provide clarity and legitimacy can attract institutional investors and contribute toprice growth.

Conversely, adverse regulations orprohibitive measures may dampen market sentiment and negatively affect Bitcoin’sprice. They can dramatically change Bitcoin price predictions asnew developments come topass.

Bitcoin’s Pricing History

Since its inception, Bitcoin’s price has seen extreme fluctuations. Inits early days, the cryptocurrency traded for fractions ofacent, but inlate 2013, itskyrocketed toabout $754.01, upawhopping 5,481.1% for the year.

This meteoric rise was followed byasharp decline know asthe "Bitcoin bubble,” which saw the price plummet toaround $200 in2015. The most notable surge inBitcoin price occurred inlate 2017 when ithit anall-time high ofnearly $20,000.

However, the ensuing market correction caused the price todrop back tothe $3,000 to$4,000 range insubsequent years.

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Recently, Bitcoin price has seen robust growth and consolidation periods, underscoring its ongoingvolatility. Bitcoin’s historical price charts show recurring patterns and cycles, such ashalving-induced supply shocks and boom-and-bust cycles after periods ofrapid growth.

Example: Historically, halving events have been followed bysignificant price increases due toreduced supply and increased demand.

Remember: Past performance does not guarantee future results.

Additional factors include:

  • Macroeconomic conditions

  • Technological advances

  • Regulatory developments

Previous attempts topredict Bitcoin’s price have yielded mixedresults. While some analysts accurately predicted large price movements, others missed critical turning points inthemarket. These differences highlight the inherent challenges ofpredicting anasset ascomplex and volatile asBitcoin.

Adam Back, CEO ofBlockstream, suggests the recent spot Bitcoin ETF approval could boost Bitcoin’s price to$100,000 inthe very near future.

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NOTE: Spot Bitcoin ETFs smashed records ontheir first day trading seeing over 4.6 Billion intrading volume, the highest ever for anETF launch.

Spot Bitcoin ETFs from BlackRock and Fidelity Investments each sawmore than $2 billion ofnet inflowsduring their first 12 trading days, whileGrayscale Bitcoin Trustsuffered more than $5 billion ofnetoutflows.

Adam Back might beontosomething here!

Echoing this optimism, Jan3 CEO Samson Mow suggested inarecent interview with Cointelegraph that the new spot Bitcoin ETF vehicle inthe U.S. could potentially escalate Bitcoin’s value toashigh as$1 million shortly after its introduction, within days toweeks.

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What Will Happen toBitcoin Now That ETFs Have BeenApproved?

Itmeans Bitcoin islevelingup. AsSwan Bitcoin CEO Cory Klippsten told Yahoo Finance:

  • “The top-of-funnel for investor class isgoing tochange from something that iscontrary toBitcoin, which isall ofthe crypto scams and pump-and-dumps ofthe last six years, FTX and thelike… Now you’re going tosee anew era where some ofthe most credible, some ofthe most well-funded, trust brands inthe world are going tobeshouting from the rooftops with tens, maybe hundreds ofmillions ofdollars ofmarketing expense, just talking about Bitcoin.”

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Q1 Spot Bitcoin ETF Key Takeaways

  • The initial three months oftrading for spot Bitcoin ETFs have ended, with the eleven offerings approved bythe SEC collectively attracting about $12.1 billion ininflows.

  • Blackrock’s IBIT has emerged asthe leading beneficiary, securing $13.9 billion inflows since itstarted trading inJanuary.

  • IBIT isthe fastest growing ETF inthe history ofETFs products.

  • OnMarch 27th, BlackRock CEO Larry Fink appeared onFox Business todiscuss the wild success ofits spot Bitcoin ETF product, IBIT. Fink’s spot Bitcoin ETF comments begin atthe 10 minute, 15 secondmark.

  • GBTC was asignificant exception inflow data, experiencing $14.7 billion inoutflows, attributed tothe comparatively high fees linked toitsoffering.

  • The inflows into spot Bitcoin ETFs also significantly benefited the price ofunderlying Bitcoin inthe first quarter ofthe year, with aroughly 67% rise onayear-to-date (YTD) basis.

  • Grayscale recently submitted aproposal for anew spot Bitcoin ETF tobelisted under the BTC ticker, which isanticipated tohave lowerfees. Should the ongoing trends persist, IBIT ispoised tosurpass GBTC asthe leading spot Bitcoin ETF inthe upcomingmonths.

  • It’s also worth mentioning that Hashdex’s DEFI ETF initially launched asaBitcoin futures ETF, transitioned toaspot Bitcoin ETF onMarch 27th.

Achieving aBitcoin price of$1 million represents astaggering 2,500% rise from its current position around $40,000.

Investors must understand that all Bitcoin price predictions are speculative and subject tonumerousvariables. Getting abalanced and comprehensive outlook based onavailable data and expert insight isessential while emphasizing the importance ofprudent and well-informed investmentdecisions.

Closing Thoughts

Rising Institutional Adoption Bolsters Bitcoin’s Market Presence

The adoption ofspot Bitcoin ETFs byinstitutional investors, such asBlackRock’s Larry Fink, Fidelity’s clients and holding Bitcoin asareserve asset like MicroStrategy continues tobolster its legitimacy— this attracts additional capital inflows.

Bitcoin’s Appeal Amid Economic Uncertainty

With its decentralized nature, capped supply, and reputation asarobust store ofvalue, Bitcoin offers acompelling alternative totraditional fiat currencies intoday’s inflation-ridden and economically unstable environment.

This positions Bitcoin asanattractive investment for those seeking stability and long-termvalue.

While volatility isoften aconcern, experts like Max Keiser see Bitcoin asanasset unlike any other and views price fluctuations assignificant profit opportunities for those willing toembrace the volatility and enter the market strategically.

Although, precise price predictions will remain elusive, the overall consensus points toward apositive trajectory for Bitcoin, despite what many skeptics think.

Despite the vastly different timeframes ofthese predictions, the overall consensus points toward apositive trajectory forBitcoin. The once audacious projections ofearly visionaries like Hal Finney are beginning towarrant serious consideration.

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Drew

Drew, aclass of2013 Bitcoiner, isaResearch Analyst for Swan Bitcoin.

Hehas worked ininstitutional VC/PE, FinTech, and DLT consulting for over six years. Healso brings over twelve years ofexperience working with national nonprofits and start-ups ineducation and software development inseveral leadership roles.

In this article

  • The Nakamoto Portfolio Monte Carlo Strategy Price Prediction
  • Hal Finney’s Thought Experiment — $22M per BTC
  • Peter Brandt: $120k - $200k per BTC by September 2025
  • Fidelity Predicts: $1B per 1 BTC by 2038 - 2040
  • Chamath Palihapitiya Predicts $500k by October 2025, $1M per 1 BTC by 2040 - 42
  • Max Keiser Predicts: $200K per 1 BTC By End of 2024
  • Bernstein Analysts Predict Bitcoin Price Surge to $200,000 by 2025
  • Bitcoin Historical Halving Events
  • Post-Halving Bitcoin Price Prediction
  • Analyzing the Experts Bitcoin Price Prediction
  • Peter Brandt: $120k - $200k per 1 BTC by September 2025
  • Chamath Palihapitiya Predicts $500k by October 2025, $1M per 1 BTC by 2040 - 42
  • Max Keiser Predicts $200K per 1 BTC in 2024
  • Bitcoin's Pricing History
  • What Will Happen to Bitcoin Now That ETFs Have Been Approved?
  • Closing Thoughts

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FAQs

Bitcoin Price Prediction 2030 & 2040 (July 2024 Update)? ›

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

What will Bitcoin price be in 2030 2040? ›

Summary
YearPredicted Price
2025$100,000+
2030$1.5 million
2040Multi-million dollars
2050Multi-million dollars

What will be the price of Bitcoin in 2024 year? ›

Historical Data for Bitcoin
DateOpen*Market Cap
Sep 01, 2024₹4,941,808.94₹97,781,705,839,163.00
Aug 31, 2024₹4,947,469.62₹98,180,350,795,140.00
Aug 30, 2024₹4,990,933.93₹98,663,832,145,900.00
Aug 29, 2024₹4,985,275.83₹100,458,238,507,880.00
26 more rows

What is the realistic price prediction for Bitcoin in 2050? ›

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.

How high Bitcoin can go in 2030? ›

Wood boldly predicted that BTC could surge 5,837%, reaching a price of $3.8 million per coin, by 2030.

What is the future price of Bitcoin in 2040? ›

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

Jurrien Timmer, Director of Global Macro at Fidelity Investments, predicts a staggering future for Bitcoin, suggesting that the value of a single Bitcoin could soar to $1 billion by 2038 to 2040. Timmer's demand model is rooted in Metcalfe's Law.

How much will Bitcoin be worth in 2035? ›

Drawing inferences through the stock-to-flow model by PlanB, Fidelity has put forward a $1000 million price target for BTC by 2035. Furthermore, it also sees Bitcoin touching a $1-million price target in a decade's time. Bitcoin Exchange Guide was the first to report about it.

Where will Bitcoin price be in 10 years? ›

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.

How low can Bitcoin go in 2024? ›

Bitcoin Price Prediction 2024 – 2025

The market is expected to see a low price of $30,225, with a potential move to the $51,438 level in 2024. In 2025, the low is expected to be $39,512, with a high of $62,723. The average price in 2024 is roughly $40,000.

What will be the price of Bitcoin after 2030? ›

Looking further ahead to 2030, Notcoin is expected to reach a minimum of $0.1473, a maximum of $0.1738, and an average of $0.1515. The long-term forecast projects Notcoin could rise to $15.74 by 2050, with an average price of $9.85 in 2040.

How much will 1 ethereum be worth in 2040? ›

Ethereum (ETH) Price Prediction Table
YearAverage Price*Percent Increase
2032$48,214.2950.00%
2033$70,730.9645.83%
2040$105,691.2950.00%
2050$140,749.7533.33%
8 more rows

What will dogecoin be worth in 2040? ›

DOGE price predictions 2040

CoinMarketCap forecasts Dogecoin's value to surge, potentially hitting an all-time high of approximately $2.107 as demand continues to rise. Coinjournal offers a more bullish outlook, projecting a price of around $4.70 for Dogecoin in 2040.

What will be the price of Bitcoin in 25 years? ›

The website's bitcoin price prediction for 2050 suggested BTC could hit $646,234.22.

How much would $1000 in Bitcoin be worth in 2030? ›

By getting investors excited about the future of Bitcoin, she could attract more inflows to her ETF. If Wood is correct and Bitcoin does reach $3.8 million by 2030, an investment of $1,000 would be worth over $60,000.

How much $100 in Bitcoin could be worth in 2030? ›

Currently, BTC is 34K. By 2030, it's estimated to be around 500K-700K. Simply divide the target price with current price. So your $100 dollars will be worth 1,470.58 dollars by 2030.

Will Bitcoin reach 100k? ›

Thakral believes that Bitcoin reaching $100,000 in 2024 is more feasible now than ever before due to several key factors. The approval of the spot Bitcoin ETF has spurred significant interest from institutional investors, fundamentally transforming the crypto investment landscape in favor of Bitcoin.

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