Coinbase CEO Brian Armstrong stated that he expects Bitcoin to rise to $1 million by 2030. He noted that the U.S. is becoming a benchmark for other G20 countries in regulatory matters and that the creation of a national strategic reserve of Bitcoin has become an important precedent.
However, analyst James Mackey warns investors against excessive optimism and reminds them that in the short term, Bitcoin needs to stay above at least $124,000. He considers Armstrong's forecast realistic in the long term, given institutional interest and the growth of ETFs, but notes the risks from the Fed and potential changes in U.S. political course.$BTC $ERA $PROVE