Bitcoin's Projected Value for 2030: Industry Leaders Converge on Eight-Figure Targets

The cryptocurrency industry’s brightest minds are increasingly aligned on bitcoin’s trajectory beyond this decade. Multiple prominent figures, including Jack Dorsey and Cathie Wood, have publicly stated their belief that bitcoin will reach substantial valuations by 2030, reflecting growing conviction across the sector about the asset’s long-term potential.

Dorsey’s Vision: A Movement Beyond Price

Jack Dorsey, the former Twitter CEO who now leads and backs several crypto ventures, articulated his outlook in recent interviews, stating he believes bitcoin will reach at least $1 million by 2030, potentially going even higher. When asked specifically about price predictions, Dorsey emphasized the number would be exceeded, saying “at least a million. I do think it hits that number and goes beyond.”

What distinguishes Dorsey’s perspective is his philosophical approach to bitcoin’s value proposition. Rather than fixating on price charts, he emphasized the ecosystem’s collective contribution: “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.” This framing suggests that bitcoin’s monetary value in 2030 will be a natural byproduct of genuine technological and community advancement.

The Cathie Wood Thesis: Even More Bullish

Ark Invest’s founder and CEO Cathie Wood has taken an even more aggressive stance on bitcoin’s worth by 2030, predicting the cryptocurrency could reach $1.5 million. Her forecast, like Dorsey’s, reflects confidence that bitcoin will experience substantial appreciation over the next several years, though from today’s price of $68.29K, such targets remain ambitious.

These converging predictions from two major industry figures suggest a shared belief in bitcoin’s structural importance and scarcity value as a hedge against macroeconomic uncertainty and currency debasement.

From Square to Block: Dorsey’s Blockchain Bet

Dorsey’s crypto advocacy has evolved significantly since stepping down as Twitter CEO in 2021. He founded Square in 2009, which was subsequently rebranded to Block in 2021 as his interest in blockchain technology intensified. His backing of projects like BlueSky, a decentralized social media startup he joined in 2019, further demonstrates his commitment to Web3 infrastructure. Most recently, he shifted focus toward Nostr, a competitor platform that more closely aligns with his vision for truly decentralized social networks.

Market Dynamics: Technical Rebound or Structural Shift?

Recent price action has provided traders with a mixed narrative. Bitcoin surged back toward $69,000 following weeks of selling pressure, creating a sharp short squeeze that rippled through altcoins such as ETH, SOL, DOGE, and ADA, as well as crypto-related equities including Coinbase and Circle.

However, analysts urge caution about the durability of this rebound. LMAX Group’s Joel Kruger characterized the move as a technical bounce driven by bearish positioning and thin liquidity rather than by fundamental catalysts. For bitcoin to establish a credible path toward its 2030 targets, critical resistance levels around $72,000 and $78,000 must be breached on a sustained basis, signaling a stronger structural uptrend.

Some funds are capitalizing on the volatility, with FalconX’s Joshua Lim noting that traders are rotating into more volatile altcoins and options strategies. This rotation suggests that while bitcoin may provide directional conviction for 2030, near-term positioning remains dynamic and speculative.

The 2030 Question: Price or Principle?

The consensus forming around bitcoin’s 2030 valuation extends beyond simple price speculation. It reflects a broader belief that bitcoin will achieve deeper institutional adoption, greater mainstream integration, and sustained technological development. Whether bitcoin reaches Dorsey’s $1 million target, Wood’s $1.5 million forecast, or settles at an intermediate level, the underlying conviction remains: bitcoin’s worth in 2030 will reflect years of ecosystem maturation that began well before today’s price discussions.