Bitcoin Price Predictions for 2030: Industry Leaders See Multi-Million Dollar Targets in USD

The cryptocurrency market continues to captivate investors with bold price forecasts for bitcoin through 2030. As BTC trades near $68,640 with recent momentum, prominent industry figures are positioning bitcoin at dramatically higher valuation levels within the coming years. These predictions reveal growing confidence in bitcoin’s long-term trajectory and the ecosystem’s structural growth potential.

Dorsey’s Vision: Bitcoin Reaching $1 Million USD by End of 2030

Jack Dorsey, the entrepreneurial force behind Square (now rebranded as Block) and former Twitter leadership, has become one of cryptocurrency’s most vocal proponents. In recent commentary, Dorsey projected that bitcoin will surpass the $1 million mark by 2030, emphasizing that the digital asset could extend even beyond this threshold. “I do think it hits that number and goes beyond,” Dorsey stated when discussing long-term bitcoin price potential.

What distinguishes Dorsey’s perspective is his focus on the ecosystem mechanics rather than pure price speculation. He highlights a self-reinforcing cycle: as individuals contribute to bitcoin’s development, adoption, or security—whether through mining, payment acceptance, or direct ownership—they simultaneously strengthen the entire ecosystem. This network effect, according to Dorsey’s analysis, naturally drives prices upward through improved functionality and broader value capture.

Dorsey’s career trajectory underscores his credibility in this space. After stepping away from Twitter in 2021, he shifted focus entirely toward blockchain initiatives. His backing of BlueSky, the decentralized social media protocol, and his subsequent pivot to Nostr demonstrate his commitment to building infrastructure aligned with truly decentralized principles. These projects reflect his conviction that blockchain technology extends far beyond bitcoin—yet bitcoin remains his foundational thesis.

Broader Industry Consensus on Bitcoin Price Appreciation

Dorsey’s $1 million USD target doesn’t stand alone. Cathie Wood, founder and CEO of Ark Invest, has articulated an even more aggressive bitcoin price prediction: reaching $1.5 million by 2030. Wood’s projection emerges from fundamental analysis of bitcoin’s adoption curve, institutional capital flows, and macroeconomic trends. The alignment between Dorsey and Wood—leaders operating from different analytical frameworks—suggests deeper market consensus forming around multi-million dollar bitcoin valuations.

These price predictions, while ambitious from today’s $68,640 reference point, reflect genuine structural shifts in how bitcoin is perceived and utilized. The transition from purely speculative asset to institutional store of value has accelerated, lending credibility to decade-spanning price targets that would have seemed outlandish just years ago.

Current Market Dynamics and Technical Outlook

Recent price action provides useful context for evaluating these longer-term predictions. Bitcoin recently rebounded to $69,000 levels following what market analysts characterize as a technical short squeeze event. This sharp bounce triggered movement across altcoin markets—including ETH, SOL, DOGE, and ADA—and spilled into cryptocurrency-adjacent equities like Circle and Coinbase.

However, market observers urge caution about the rebound’s sustainability. LMAX Group analyst Joel Kruger noted that the rally appears driven primarily by tight liquidity conditions and bearish positioning normalization rather than concrete fundamental catalysts. Some trading desks, particularly at firms like FalconX, indicate they’re chasing the momentum by rotating capital into higher-volatility altcoins and options strategies.

For bitcoin to confirm a stronger structural uptrend—one aligned with the 2030 price predictions—the asset must sustain breaks above key resistance levels. Technical analysts monitor the $72,000 and $78,000 zones as critical decision points. A sustained advance through these barriers would signal genuine demand rather than tactical short-covering.

The gap between current bitcoin price levels and the $1 million to $1.5 million targets projected for 2030 remains substantial, yet not unprecedented when evaluated against bitcoin’s historical growth rates. Whether Dorsey’s ecosystem thesis or Wood’s adoption-based model proves more accurate, the direction of the bitcoin price prediction consensus clearly points upward for the coming years.