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While the year 2030 may seem distant, it is only five years away. The year 2020 feels just like yesterday and marked the beginning of the last bull market. Currently, we are entering 2025, which is anticipated to be a significant upward phase. The leading cryptocurrency is expected to reach six-figure heights this year. But what about the year 2030?
Bitcoin 2030 Prediction
In today’s assessment, Sina_21st discussed predictions for Bitcoin 
$110,919 by 2030. Although it feels far off, for those who experienced 2014 and 2017 in crypto, it is not so far. The analyst shared a model stating that Bitcoin could reach $1 million by the end of 2030.
“The Bitcoin Quantile Model might provide an answer: Bitcoin could reach $1 million by the end of 2030.
This model is a quantitative regression of Bitcoin’s historical data. While OLS regression models the average of a single variable, quantile regression allows modeling of all quantiles to achieve a range of possible values.
Let’s focus on two quantitative values: the 1st and 99th percentiles.
- The 99th percentile line models Bitcoin data such that 99% of the data points fall below it. Similarly, the 1st percentile finds the line below which 1% of the data falls.
The extrapolation of these lines suggests a top limit of around $1 million ($947,000) by late 2031 or early 2032.”
Future of Bitcoin (BTC)
The analyst’s base prediction indicates a minimum of $250,000. Can you imagine BTC reaching a quarter of a million dollars? If this projection comes true, people may feel depressed if the price drops to this level, similar to how investors felt in 2017 when Bitcoin excitedly hit $20,000, only to face a drop to $86,000 later.
Should the current historical performance cycle of BTC continue, we may see a peak of around $947,000 by 2030. As of this writing, BTC is at $98,345, and altcoins are experiencing slight gains. We are witnessing the typical weekend low trading volume. However, the ETF data from Friday remained supportive, keeping the current situation positive.
In conclusion, we could see BTC reach $1 million in the long run, with short-term price movements being misleading over the years.
