Beautiful Virgin Islands

Wednesday, Oct 08, 2025

Analyst Predicts Bitcoin Price To Reach $10 Million By 2030

Analyst Predicts Bitcoin Price To Reach $10 Million By 2030

To many this may seem over-bullish, but there is real reason to believe such an ascension in price could actually happen.

Nik Hoffman analyses where Bitcoin price could be in 2030 – nine years from now. During this time we will witness two halvings, three if you count the current 2020 halving part of it, as many claim the bull run is not over yet for this round.

Bitcoin will experience three halvings this decade, the first in 2020, the second in 2024 and the third in 2028. Counting the 2020 halving that already occurred last year, Bitcoin has experienced a total of 3 halvings since its launch in 2009. Historically, in the year following each halving, the bitcoin price shoots up exponentially due to an increase in demand and decrease in supply in the market.

But there is a new type of demand in the market, one that weighs far heavier than the original demand by retail investors who have been buying for the past 12+ years. This demand mixed with the decrease in supply issuance andBTC being taken off the market is the perfect formula for wild price swings. I’ll get into what that new demand is later in this article, but for now let’s look at the past performance of halvings to see what we’re dealing with.

On Nov. 28, 2012, the first ever halving occurred, dropping the mining reward from the base start of 50 to 25 BTC. 365 days before the halving, the price of bitcoin was $2.54. Over the following year, as the supply shock took place, bitcoin rose all the way to $1,007 before cooling off a little, for an increase of over 8,000%.

On July 16, 2016, the second halving occurred, dropping the mining reward from 25 to 12.5 BTC. 365 days before the halving, the price of bitcoin was $269.68. Over the following year, as the supply shock took place, bitcoin rose all the way to $2,506 before cooling off a little, for an increase of 284%.

On May 18, 2020, the third Bitcoin halving occurred, dropping the mining reward from 12.5 to 6.25 BTC. 365 days before the halving the price of bitcoin was $7,300. Over the following year as the supply shock took place, bitcoin rose all the way to $64,840 for an increase of 788%.

At the time of writing, it is estimated that on May 8, 2024, Bitcoin will undergo its fourth halving, dropping the mining reward from 6.25 to 3.125 BTC. And sometime in the spring of 2028, Bitcoin will undergo its fifth halving, dropping the mining reward from 3.125 to 1.5625 BTC.

It is impossible to predict the exact amount of demand for bitcoin. Therefore, how much it will increase in price after these halvings is difficult to predict, but it’s safe to assume that price outlook is mega bullish and that the next nine years could look something like this (or better):

“B-b-b-but Nik, past performance does not guarantee future price gains!”

While this is true, it’s ignoring all the factors that lead into why bitcoin will keep skyrocketing up. The world has a store of value problem, and the free market has determined bitcoin as the solution to this problem. Wealth is now flooding into Bitcoin, with it poised to be the best-performing asset of the decade for the second decade in a row.

Bitcoin’s limited supply of 21 million combined with rising demand assures its price will continue to go up.

As I mentioned earlier, it is no longer just ordinary people buying and HODLing, who in the past have caused big price swings. Now billionaires and companies are putting it on their balance sheets and countries are making it legal tender. This is a global race to accumulate as much BTC as possible. They’re not making any more than 21 million, and everyone wants their piece of the pie.

The first domino has fallen and game theory is in play even harder than before since El Salvador became the first country to make bitcoin legal tender. Ready, set, go — all countries are now in a race to make bitcoin legal tender and put it on their balance sheet. In the bill that was passed in El Salvador, merchants are going to have to accept bitcoin as payment. This means big businesses there have to learn about and use bitcoin on a daily basis which, after seeing the many benefits of BTC, could make them eager to use bitcoin in other countries such as the US…

Some countries are already feeling the stress of not having adopted bitcoin, and the more that adopt it will only cause others to want it more. Gabriel Silva, member of Panama’s Parliament, said on the matter: “This is important. And Panama cannot be left behind. If we want to be a true technology and entrepreneurship hub, we have to support cryptocurrencies. We will be preparing a proposal to present at the Assembly. If you are interested in building it, you can contact me.”

Every single country on planet Earth that has not adopted a Bitcoin standard is falling behind the ones who do. Bitcoiners have all the wealth, and countries will want our business. The countries will provide tax benefits, citizenship to the country, open up government owned land to the public for new housing developments, bitcoin mining incentives, etc.

“We want Bitcoiners to move here.” said El Salvadoran President, Nayib Bukele. Soon, the leader of every single country will say these words. The ones who say it first will be the biggest winners.

This is going to cause a massive inflow of wealth into Bitcoin the likes of which we’ve never seen. The world is being repriced in bitcoin. You and I already know this, but the rest of the world has yet to figure it out.

Source: Believe It Or Not: Bitcoin To $10 Million By 2030 – Fintechs.fi

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
France: Less Than a Month After His Appointment, the New French Prime Minister Resigns
Hungarian Prime Minister Viktor Orbán stated that Hungary will not adopt the euro because the European Union is falling apart.
Sarah Mullally Becomes First Woman Appointed Archbishop of Canterbury
Mayor in western Germany in intensive care after stabbing
Australian government pays Deloitte nearly half a million dollars for a report built on fabricated quotes, fake citations, and AI-generated nonsense.
US Prosecutors Gained Legal Approval to Hack Telegram Servers
Macron Faces Intensifying Pressure to Resign or Trigger New Elections Amid France’s Political Turmoil
Standard Chartered Names Roberto Hoornweg as Sole Head of Corporate & Investment Banking
UK Asylum Housing Firm Faces Backlash Over £187 Million Profits and Poor Living Conditions
UK Police Crack Major Gang in Smuggling of up to 40,000 Stolen Phones to China
BYD’s UK Sales Soar Nearly Nine-Fold, Making Britain Its Biggest Market Outside China
Trump Proposes Farm Bailout from Tariff Revenues Amid Backlash from Other Industries
FIFA Accuses Malaysia of Forging Citizenship Documents, Suspends Seven Footballers
Latvia to Bar Tourist and Occasional Buses to Russia and Belarus Until 2026
A Dollar Coin Featuring Trump’s Portrait Expected to Be Issued Next Year
Australia Orders X to Block Murder Videos, Citing Online Safety and Public Exposure
Three Scientists Awarded Nobel Prize in Medicine for Discovery of Immune Self-Tolerance Mechanism
OpenAI and AMD Forge Landmark AI-Chip Alliance with Equity Option
Munich Airport Reopens After Second Drone Shutdown
France Names New Government Amid Political Crisis
Trump Stands Firm in Shutdown Showdown and Declares War on Drug Cartels — Turning Crisis into Opportunity
Surge of U.S. Billionaires Transforms London’s Peninsula Apartments into Ultra-Luxury Stronghold
Pro Europe and Anti-War Babiš Poised to Return to Power After Czech Parliamentary Vote
Jeff Bezos Calls AI Surge a ‘Good’ Bubble, Urges Focus on Lasting Innovation
Japan’s Ruling Party Chooses Sanae Takaichi, Clearing Path to First Female Prime Minister
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Taylor Swift’s ‘Showgirl’ Launch Extends Billion-Dollar Empire
Trump Administration Launches “TrumpRx” Plan to Enable Direct Drug Sales at Deep Discounts
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Manhattan Sees Surge in Office-to-Housing Conversions, Highest Since 2008
Switzerland and U.S. Issue Joint Assurance Against Currency Manipulation
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Thomas Jacob Sanford Named as Suspect in Deadly Michigan Church Shooting and Arson
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
New York Man Arrested After On-Air Confession to 2017 Parents’ Murders
U.S. Defense Chief Orders Sudden Summit of Hundreds of Generals and Admirals
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Claims FBI Planted 274 Agents at Capitol Riot, Citing Unverified Reports
India: Internet Suspended in Bareilly Amid Communal Clashes Between Muslims and Hindus
Supreme Court Extends Freeze on Nearly $5 Billion in U.S. Foreign Aid at Trump’s Request
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
China Deploys 2,000 Workers to Spain to Build Major EV Battery Factory, Raising European Dependence
Speed Takes Over: How Drive-Through Coffee Chains Are Rewriting U.S. Coffee Culture
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Ringo Starr Champions Enduring Beatles Legacy While Debuting Las Vegas Art Show
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
×