Could Bitcoin Reach 2 Million USD by 2034? Shocking Forecast from Experts

According to the latest report from SoSoValue, extremely optimistic predictions are being made about the future of $BTC

Capital.com estimates that the price of Bitcoin could reach 1.81 million USD by 2034, based on the current rate of adoption and market momentum.

Dennis Porter, co-founder of Satoshi Action Fund, even predicts that Bitcoin could hit 2 million USD per coin in the same time frame.

Key supporting factors for this forecast:

Explosion of institutional money flow: 11 spot Bitcoin ETFs have been approved in the US since January 2024, attracting large capital inflows into the market.

2024 Halving: The block reward has decreased to 3.125 BTC, increasing scarcity while demand continues to rise.

Macroeconomic volatility: A weak USD and rising inflation are driving Bitcoin to become a safe-haven asset.

Analytical perspective:

While the prospect of Bitcoin reaching 2 million USD is quite ambitious, looking back at previous cycles – especially the 1-year ROI performance of 48.5% in 2025 – the long-term potential is entirely justified. However, Bitcoin also needs to maintain a high rate of adoption, stable regulatory conditions, and avoid significant technological risks to realize this scenario.

Disclaimer:

This article is for informational purposes only and is not investment advice. Careful consideration is required before making any decisions.