Bitcoin Price Trajectory to 2030: Industry Leaders Project $1M+ Milestone

In early 2026, as Bitcoin trades around $68.23K with a notable 3.64% daily gain, the long-term outlook for the cryptocurrency remains a focal point for major institutional and individual players in the space. Jack Dorsey, the influential founder of Block and former Twitter CEO, has reiterated his conviction that bitcoin price could surpass $1 million before the end of 2030. This projection echoes broader industry sentiment among leading figures, reflecting a shared belief in the cryptocurrency’s long-term value trajectory.

Dorsey’s Vision: Beyond Price, It’s About Ecosystem Growth

When discussing bitcoin price expectations during a recent interview, Dorsey emphasized that hitting the $1 million target is achievable, stating the asset would likely “go beyond” that threshold. However, what truly resonates with Dorsey is not merely the numerical target but the underlying ecosystem dynamics that drive it. “The most amazing thing about bitcoin, apart from the founding story, is anyone who works on it, or gets paid in it, or buys it for themselves—everyone who puts any effort in to make it better—is making the entire ecosystem better, which makes the price go up,” he explained.

This perspective underscores a fundamental principle: sustainable bitcoin price growth is intrinsically linked to ecosystem development rather than speculation alone. As more developers, users, and businesses contribute to the network, they create compounding value that naturally supports higher valuations.

Industry Consensus on Bitcoin Price 2030 Targets

Dorsey’s outlook is not isolated within the industry. Cathie Wood, founder and CEO of Ark Invest, has projected an even more ambitious bitcoin price scenario, estimating the token could reach $1.5 million by 2030. These predictions from established figures add credibility to the broader bull case, though they represent optimistic scenarios rather than certainties. The convergence of such views suggests institutional confidence in bitcoin’s long-term adoption and value proposition.

Dorsey’s transition from Twitter leadership to blockchain advocacy demonstrates his commitment to this vision. After founding Square in 2009, he rebranded the company to Block in 2021 to reflect his growing focus on blockchain infrastructure. His involvement with social platforms like BlueSky and later his pivot to supporting Nostr—a decentralized protocol more aligned with his vision for distributed systems—further illustrates how he has bet his professional future on cryptocurrency and decentralized technology.

Current Market Dynamics and Technical Resistance Levels

Recent market movements provide context for these longer-term projections. Bitcoin experienced a sharp technical rebound to $69,000 following weeks of selling pressure, driven by short squeeze dynamics that rippled across related assets including Ethereum (ETH), Solana (SOL), Dogecoin (DOGE), and Cardano (ADA). This bounce also lifted crypto-related equities such as Coinbase and Circle.

However, analysts caution that this rebound may represent a technical correction rather than a fundamental reversal. LMAX Group’s Joel Kruger noted that the rally appears driven by bearish positioning and thin liquidity rather than clear fundamental catalysts, urging market participants to remain cautious about its sustainability. Some funds are indeed capitalizing on the volatility by rotating into more speculative positions, according to FalconX’s Joshua Lim.

For bitcoin price to establish a stronger structural uptrend toward 2030 targets, sustained breaks above key resistance levels around $72,000 and $78,000 will be critical indicators. These technical thresholds must hold on a consistent basis to signal genuine momentum rather than temporary relief rallies.

The Path Forward

The bitcoin price narrative for 2030 ultimately reflects a balance between technical analysis and ecosystem fundamentals. While short-term volatility continues to shape daily price action, the strategic positioning of figures like Dorsey and Wood points toward confidence in the cryptocurrency’s institutional adoption trajectory. Whether bitcoin price reaches the $1 million mark by 2030 will depend on sustained network growth, regulatory clarity, and mainstream acceptance—factors that extend well beyond simple price speculation.