From Nasdaq:

Bitcoin broke its previous all-time high record by surpassing $69,044.77, now reaching $70,000, surprising many skeptics. As of March 12, it was at $72,000, a 224% increase in the past year. Predictions suggest continued growth, with some experts forecasting a $1 million price target for Bitcoin by 2030.

Experts argue that Bitcoin is a good long-term investment, with institutions driving demand and the asset’s scarcity enhancing its value. Projections indicate Bitcoin may reach $96,000 in a year. With predictions of a $1 million price target by 2030, a $1,000 investment today could return $12,880 in six years.

While some experts see Bitcoin reaching $90,000-$100,000 this year, others predict even higher targets, such as $150,000 by mid-2025 and $1 million by 2030. With growing interest and milestones like the upcoming halving, Bitcoin’s upward trajectory could continue, making it an important asset for portfolios.



Read more at Nasdaq: If You Invest $1,000 Today in Bitcoin, It Could Be Worth $13,000 in 6 Years