It will be by 2030 and that's doable but little chance, maybe since it's volatile. But it's true that there is a need to have a larger cap and wherever it will be coming from, the governments are going to contribute a lot on it. We don't know how quick it will be but, I just like these predictions that are too high and I hope myself and you guys are still around when Bitcoin reaches its first million valuation. Right now, it sounds funny as it is just like how many never thought and found it funny that BTC will reach $100k but it did after years of waiting.
since it is a prediction yes bitcoin can actually do $2.3M that same way we can say that bitcoin can also be hacked in that of quantum computers will be able to break bitcoin within this period of time. I personally think since it is hard to break into bitcoin within this period time, then it is clearly not so possible to see bitcoin doing a 21x increase in five years time, even when bitcoin has high volatility rate and much lower market cap it wasn’t flipping prices like this in short period of time not to talk of now which we have bitcoin volatility already at its low.
If you look at the time it took bitcoin to get an $100k value with huge volatility it should be telling that bitcoin will need almost same years to get to a million, personally I expect us to even see a million price in at least three or four cycle period and then moving from this price to over two million is another thing on its own. So it is not realistically possible in my opinion