Bitcoin (BTC) could theoretically reach $350,000, but this depends on many factors. Let's consider the key ones:
📈 1. Macroeconomic conditions
Inflation and devaluation of fiat currencies (especially the dollar) may contribute to the rise in BTC price as 'digital gold'.
The monetary policy of the US Federal Reserve and other central banks influences interest in decentralized assets.
🌍 2. Institutional acceptance
The entry of major companies and banks (BlackRock, Fidelity, Tesla) into the BTC market enhances legitimacy and demand.
Approval of the Bitcoin ETF also contributes to growth.
📊 3. Halving cycles
The next BTC halving is expected in 2028 (after 2024 it has already passed), and it historically leads to growth within 12–18 months.
📉 4. Limited supply
There will be a total of 21 million BTC. With increasing demand and limited supply, the price could theoretically reach even $350,000.
⚠️ 5. Risks and obstacles
Strict cryptocurrency regulation in the USA, EU, China, and other countries may slow down growth.
Hacks, market manipulation, or technological failures can erode trust.
📐 Analyst forecasts
ARK Invest (Cathie Wood): optimistic scenario — $1 million per BTC by 2030.
Standard Chartered: forecast up to $200,000 by the end of 2025 if ETFs maintain the pace of inflow.
Conclusion:
Yes, BTC could reach $350,000, especially in the long term (2025–2030), but:
this is not guaranteed,
strong fundamental and macroeconomic drivers are needed,
and it is important to consider the risks, volatility, and speculative nature of the market.