Notably, Cathie Wood, CEO of Ark Invest, predicted that bitcoin could reach an astounding $1.48 million by 2030. Senior Analyst Nicholas Sciberras from Collective Shift points out that this prediction reflects bitcoin's meteoric rise.
1 Bitcoin = $29,356.33
07/29/2023, Saturday, 7:45 pm CT. According to the latest long-term forecast, Bitcoin price will hit $50000 by the middle of 2025 and then $100000 by the end of 2031.
Bitcoin Price Prediction 2050
By the year 2050, Bitcoin's average price could reach approximately $646,200. The minimum value of a Bitcoin during this period is estimated to be around $609,315. These figures indicate the potential for substantial growth over the long term.
According to Telegaon's BTC prediction, bitcoin could trade at $175,109.22 in 2030, and more than double by 2040 to a potential average of $353,429.23. The website's bitcoin price prediction for 2050 suggested BTC could hit $646,234.22.
In 2040, we can expect an average price of Ethereum (ETH) around $23,000 – $25,000, depending on market trends. More positive forecasts predict Ether's coin to be around $40,000.
It is forecast that bitcoin's price will reach a maximum of $214,232.74 USD by 2026. This is followed by a minimum of $181,308.21 USD, with an average price of $186,289.04 USD by 2026.
For instance, CoinPriceForecast said bitcoin should reach $77,449 by the end of 2025, and the bitcoin price in 10 years could be as high as $85,845, in 2032; while DigitalCoinPrice said it will hit an average of $76,109.47 in 2025.
How much will Bitcoin be worth in 10 years? If you invest in Bitcoin today, as with any investment, a long term increase is expected. The price of BTC could possibly rise to $371,388.74 within the next 10 years.
However, some estimates can be made based on blockchain data and surveys of Bitcoin holders. According to data from Bitinfocharts, as of March 2023, there are approximately 827,000 addresses that hold 1 bitcoin or more, representing around 4.5% of all addresses on the Bitcoin network.
By 2040, Bitcoin could surpass $1 million and reach a high point of $1.16 million, which would be a +3,870% increase compared to today's prices. Going further, BTC is expected to break the $1.3 million mark by 2050.
Both DigitalCoinPrice and TechNewsLeader argue ether will see a greater rise. According to the former, Ethereum is predicted to gain 359% by 2030, and TechNewsLeader suggests ETH will rise by 2,683%. On the other hand, PricePrediction forecasts BTC will be the top gainer out of the two, and increase by 2,281%.
Answer: Bitcoin could be worth between $800,000 and $1 million in 10 years based on analysts' predictions. The $1 million price target is anticipated in 2030.
Bitcoin will never disappear! The network is here and as long as miners use it, Bitcoin cannot disappear. If all miners would stop using the network, then Bitcoin could disappear. In all likelihood, however, this will never happen.
To reach $5 million per Bitcoin, the cryptocurrency would need to become a dominant part of the global economy. Bitcoin's value will probably rise over time, but expecting a jump to $5 million per coin is downright unrealistic.
With the bull market expected to start in 2024, our 2025 Ethereum price prediction estimates a price of $7,630. While long-term price predictions are more difficult to make, we believe Ethereum could break the 10K mark in 2030, with the average price for our 2030 Ethereum forecast at $9,800.
For an even longer-range outlook, Telegaon predicted the future price of ethereum could climb from an average of $5,617.24 in 2025 to $9,798.93 in 2030 and $23,871.42 in 2040, before it offered an ethereum price prediction for 2050 that suggested the coin could achieve $45,128.53.
The bitcoin halving, which occurs every four years, reduces rewards for successfully mining new bitcoin by 50%. The aim is to reduce the supply of bitcoin over time.
Apparently It Only Takes 0.28 bitcoin
There's no need to despair if you haven't been able to acquire (or keep) a full BTC, though. Jake Levison says that all it takes is 0.28 BTC: If you own 0.28 BTC, you're statistically guaranteed to be in the richest 1% of the world in BTC terms.
Bitcoin, the largest cryptocurrency by market cap, is a risky investment with high volatility. It should only be considered if you have a high risk tolerance, are in a strong financial position and can afford to lose any money you invest in it.