Bitcoin Predictions for 2025 & Beyond: Who’s Eyeing $1 Million?

28 באוק׳

If one thing is certain on this earth, it’s that Bitcoin BTCUSD predictions are as volatile as the coin’s price. In this Idea, we’ve gathered some notable Bitcoin price predictions with their respective time stamps.

Teaser: it’s a diverse set of characters ranging from bullish Wall Street pros and tech visionaries to some (permabear) economists and professors. Let’s check it out!

Cathie Wood (ARK Invest): $1 million
Cathie Wood is no stranger to making waves with her predictions. The risk-taking tech investor has said Bitcoin could reach a jaw-dropping $1 million by 2030, offering the stereotype attributes of Bitcoin as a hedge against inflation and increasing institutional adoption. Wood's more optimistic projection sees it soaring as high as $1.5 million in the same timeframe.

Michael Saylor (MicroStrategy CEO): $1 million
Michael Saylor, the ultimate Bitcoin maxi (borderline Bitcoin fanatic) who believes in total Bitcoin dominance, has been accumulating Bitcoin for his coin-hoarding company’s reserves and predicts it will eventually hit $1 million, emphasizing its superiority as a store of value compared to fiat currencies and gold.

Chamath Palihapitiya (Venture Capitalist): $1 million
Chamath Palihapitiya has previously suggested Bitcoin could eventually hit $1 million, driven by macroeconomic instability and as a hedge against traditional financial systems.

Robert Kiyosaki (Author of Rich Dad Poor Dad): $500,000
Kiyosaki predicts Bitcoin could hit $500,000 by 2025 due to the collapse of fiat currencies and increasing inflation.

Mike Novogratz (Galaxy Digital): $500,000
Mike Novogratz is riding the bullish wave as well, predicting Bitcoin will hit $500,000 within the next three years. He believes this surge will be driven by Bitcoin's fixed amount of tokens (21 million) and growing adoption.

Tyler and Cameron Winklevoss (Gemini Exchange Co-Founders): $500,000
These crypto twins reiterate that Bitcoin could eventually reach $500,000 due to its potential to replace gold as a store of value.

Tim Draper (Venture Capitalist): $250,000
Tim Draper has long maintained a prediction that Bitcoin could hit $250,000 by 2024, citing broader acceptance and institutional adoption not just of Bitcoin but the broader crypto market.

🏢 Institutional Investors and Their BTC Targets

Pantera Capital: $148,000
Crypto hedge fund Pantera Capital expects Bitcoin to rise to around $148,000 during the next four-year halving cycle (ending April 2028), based on historical trends.

JPMorgan: $45,000
Taking a more conservative stance, investment banking giant JPMorgan JPM projects a price target of $45,000, provided Bitcoin continues to gain acceptance as a risk-adjusted alternative to gold XAUUSD.

Standard Chartered: $120,000
Recently, UK-based bank Standard Chartered updated its forecast, predicting Bitcoin will rise to $120,000 by the end of 2024.

Bernstein Research: $150,000
Research firm Bernstein Research predicts Bitcoin could hit $150,000, largely due to ETF demand and supply reductions following the 2024 halving.

🎢 Other Bitcoin Believers and Their BTC Targets

Tom Lee (Fundstrat): $180,000

Luke Broyles (Bitcoin advocate): $3 million

Raoul Pal (Real Vision CEO): $1 million

Adam Back (Blockstream CEO): $500,000

Anthony Pompliano (Crypto Investor and Influencer): $500,000

John McAfee (Programmer, Businessman): $1 million

Mark Yusko (Morgan Creek Capital): $250,000

🚀 Bitcoin Maxis with No Price Targets

Bill Miller (Billionaire Investor)
Miller has stated that Bitcoin could go much higher, without a precise target. He supports the belief that it will outperform traditional financial assets over the long term.

Paul Tudor Jones (Hedge Fund Manager)
Jones has likened Bitcoin to an early investment in tech stocks like Apple AAPL, implying that it has significant potential for value increase.

Stanley Druckenmiller (Billionaire Investor)
Druckenmiller has suggested that Bitcoin could be a "store of value" better than gold and expects its price to rise dramatically.

Jack Dorsey (CEO of Block, Co-Founder of Twitter)
Dorsey, another devoted Bitcoin proponent, hasn’t given an exact price prediction but has expressed strong belief that Bitcoin will become the currency of the internet, suggesting a massive increase in value.

🧸 The Permabears: Those Who Want to See Bitcoin Burn

Joseph Stiglitz - In contrast to the bullish predictions, Nobel Prize-winning Economist Stiglitz has argued that Bitcoin could be “worth just $100 by 2028.”

Kenneth Rogoff - Harvard professor and former chief economist at the IMF, Rogoff claims Bitcoin is more likely to be worth $100 than $100,000 by 2028.

Nouriel Roubini - An economist known for predicting the 2008 financial crisis, Roubini has harshly criticized Bitcoin as a bubble and a "scam."

Bill Gates - The co-founder of Microsoft has expressed skepticism about Bitcoin and its ability to provide real value to the economy.

Warren Buffett - The legendary investor has famously referred to Bitcoin as "rat poison squared," expressing concerns about its lack of intrinsic value and speculative bubble characteristics.

Jamie Dimon - The CEO of JPMorgan Chase has repeatedly criticized Bitcoin, calling it a fraud and stating that it has no value.

Peter Schiff - An outspoken critic of Bitcoin and a proponent of gold, Schiff argues that Bitcoin is a bubble and that it will eventually collapse in value.

Larry Fink - The CEO of BlackRock has indicated he's no fan of Bitcoin, viewing it more as a speculative asset than a legitimate currency. More recently, after BlackRock launched the biggest spot Bitcoin ETF, Fink has warmed up to Bitcoin saying it’s a “legit financial instrument.”

Now, over to you: What’s your take? Is Bitcoin on a rocket ship to $1 million, or are the critics right to be cautious? Drop your thoughts—and favorite Bitcoin predictions—in the comments below!