Michael Saylor, Chairman of Strategy, has predicted that the price of Bitcoin could reach 1 million dollars if it does not fall to 0.
He predicts Bitcoin could reach 13 million dollars by 2045, based on factors such as:
- Annual Growth: Saylor predicts that Bitcoin will grow an average of 29% per year over the next 21 years, and he has recently raised this prediction to 40% per year.
- Institutional Adoption: He believes that the growing interest from institutions and investors will drive the price of Bitcoin higher.
- Supply and Demand: Saylor also emphasized that only about 450 Bitcoin are sold each day, and companies managing Bitcoin treasury and ETF funds will quickly buy up this amount of Bitcoin.
Some other price predictions for Bitcoin from experts include
- Cathie Wood: Predicts that the price of Bitcoin could reach 3.8 million dollars by 2030.
- Sminston With: Predicts that the price of Bitcoin could reach 275,000 dollars by November 2025.
- AllianceBernstein: Predicts that the price of Bitcoin could reach 200,000 dollars by September 2025 and 500,000 dollars by 2029.
If Saylor's prediction of Bitcoin's market capitalization reaching 500 trillion dollars comes true, the price of Bitcoin could reach between 23.8 million to 25.2 million dollars, depending on the calculations.
