Bitcoin surpassed the $122,000 mark this week, marking the fourth consecutive month of growth. The price even hit $123,000 on Monday before slightly decreasing.
Such price levels make cryptocurrency assets far beyond the affordability of many ordinary workers. According to the Social Security Administration, the average annual wage in the U.S. is $66,600. This means that one coin is currently priced at nearly double the average annual wage of a worker.
Bitcoin Soars Beyond Record
Based on reports from the leading cryptocurrency channel Altcoin Daily, high-net-worth individuals are being encouraged to act quickly. The platform tweeted that millionaires should consider buying at least 1 BTC right now, while the price is still within reach.
Decreased Supply and Increased Demand
According to Bloomberg Terminal data, traders are currently thinking about the figure "millions of dollars per coin." This shift reflects growing expectations that Bitcoin will soar to seven-figure levels.
The second son of U.S. President Donald Trump, Eric Trump, recently said that half a Bitcoin will soon become a huge sum and predicted that this cryptocurrency could reach $1 million by mid-term. These comments further bolster the optimistic sentiment of many.
Millionaires Feel Pressured
Based on analysis from Binance co-founder Changpeng Zhao, the $1 million milestone is not far off. He told investors that it could happen in this bull cycle. Brandon Green of BTC Inc. also agrees, predicting a similar bullish timeframe. If these estimates are correct, owning less than one cryptocurrency coin could soon become a small fortune.
Big Names Expected to Achieve Great Milestones
Ark Invest has set a fundamental target of $1.5 million for Bitcoin by 2030, with a price target of $2.4 million based on the buying activity of many institutions and countries.
That research suggests that scarce supply and broader adoption are key drivers. Meanwhile, Michael Saylor, the president of Strategy, has set even higher targets. He has raised his forecast to $13 million per coin by 2045, citing rapid regulatory clarity and accelerated corporate investment.
Bold Predictions Paint a Risky Picture
Some of these price targets sound lofty. However, they reflect a simple equation: diminishing supply meets increasing demand. Fractional ownership allows retail investors to participate over time, but the sense of urgency is hard to ignore. Currently, Bitcoin's price surge is rewriting the rules of affordability, and easy access opportunities may be gradually closing.
