Once, the idea of ​​the price of Bitcoin (BTC) that reached $ 1 million sounded like lunar-conversation, but this notion seems to be changing marginal speculation to a conventional investment thesis, defended by some of Crypto’s most influential figures.
Promoted by the growing institutional adoption and long -term bold forecasts, the path to this objective price depends on a seemingly simple, but monumental change: Wall Street assigns a significant portion of its vast wealth to the number one digital asset.
Wall Street is the change of game
In the recent Bitcoin 2025 event, the Executive President of Strategy, Michael Saylor, declared emphatically:
“When Wall Street has a 10% bitcoin, Bitcoin will be $ 1,000,000 per currency.”
According to him, this allocation level would be equivalent to up to $ 20 billion that flow to the BTC markets, which makes a hostile acquisition economically impossible since aggressive purchase would only enhance existing holders.
The Bitcoin Maxi is not alone in its mega-cañana perspective. The Blockstream CEO, Adam Back, believes that BTC could reach the target of $ 1 million before Wall Street accumulates 10% of cryptocurrency. He Suggested That even a generalized allocation of 2% among the main asset administrators such as Blackrock would be sufficient to take the price of Bitcoin to that level.
It is not the first time that Saylor predicted that the price of BTC reaches seven figures. In a September 2024 interview with CNBC, he predicted a long -term price for the $ 13 million King cryptocurrency, calling it “perfect money” in contrast to the fiduciary currencies, which described “pseudoscience.”
Other prominent voices such as former Binance Chief Changpeng Zhao, popularly known as CZ, have made a similar feeling. The previously projected cryptographic entrepreneur BTC could end between $ 500,000 and $ 2 million in this cycle.
The Ark Invest of Cathie Wood is another entity that shares optimism. In April, the firm reviewed its basic case objective for BTC to $ 1.2 million by 2030, with an upward estimate of $ 2.4 million. ARK attributed the potential increase to institutional adoption, especially through funds quoted in exchange (ETF), as well as the growing Bitcoin role as a decentralized and programmable value warehouse.
In the company’s estimate, all bets would be deactivated if BTC manages to capture at least 6.5% of the invertible asset market of $ 200 billion projected. This dwarf to eclipse Gold’s current participation in approximately 3.6%, a comparison backed by data that Bitcoin’s enthusiast and an early angel investor Fred Krueger recently sharedShowing that more Americans now have Bitcoin (49.6 million) than gold (36.7 million), with significantly higher average holdings.
Price performance
Meanwhile, the BTC price action reflects a market that digests its recent increase to a new historical maximum of $ 111,814. At the time of writing this article, the asset was quoted at $ 105,466, after oscillating between $ 105,112 and $ 106,365 in the last 24 hours.
Within the weekly term, it won a modest 0.6% to exceed the broader cryptographic market, which fell 0.8% in that period. By moving away a little more, the current price of BTC is an improvement of 2.1% in the last month, while annually, has raised 52.2%, highlighting a long -term upward trend with brief setbacks.
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