Quote from: Leomiles on April 25, 2025, 06:26:27 AM

I stumble on this, and i ponder to understand how Bitcoin currently at $93,357.00 could appreciate to about $833,000.00 in the next ten years

"On average, our panelists think bitcoin ( BTC) will be worth $135,048 by the end of 2025, down from the $161,105 predicted in our January 2025 report. Looking further ahead, they see the price of BTC rising to $452,714 by year-end 2030 and $833,000 by the close of 2035."
https://news.bitcoin.com/bitcoin-aiming-for-833k-finder-experts-see-prime-time-to-buy

Is this realistic?
Is this a prime time to buy?

What's your thought on this?

I think a range of $450k-$833k is doable by 2035, depending on how adoption proceeds the next 10 years. $833k I'd say is the high end of what is possible during that time. And I'd be fairly surprised if the price is under $450k in 2035.

$450k in 2030 would be very bullish, but more realistic for a lower end prediction for 2035.

I could see something like $250k-$300k in 2030 and $600k in 2035, and maybe passing $1M by 2040 as being pretty reasonable assuming nothing super bullish or super bearish happens to keep the price down or greatly speed up adoption.