Bitcoin trades around $90K after hitting $126K in October, marking a 26.3% correction from the peak. US spot Bitcoin ETF assets peaked at $169B in October before settling at $120B by December. The 2028 halving will cut daily issuance to roughly 225 BTC as ETF demand could reach $500B to $800B globally.

Bitcoin enters the final stretch of the decade with its biggest question yet: can BTC climb to the $500K–$1M range as adoption deepens and supply tightens? Spot Bitcoin ETFs, sovereign interest, institutional demand, and the 2028 halving are all converging at once. Bitcoin’s path to 2030 rides on how these drivers interact over the next five years.

Bitcoin’s last six months show a rapid climb, a peak, and a steady cooldown. BTC started near $107,135 in June, peaked at $126,000 in October, and now trades around $90,000. The pattern suggests consolidation before the next major move. The long-term outlook depends on structural demand and supply dynamics.

The 2028 halving will reduce daily issuance to around 225 BTC, coinciding with a period of expanding ETF allocations. History shows that price acceleration peaks 12–24 months post-halving. Bitcoin’s integration into institutional systems and global finance will shape its trajectory toward $500K or $1M by 2030.

A $500K Bitcoin is grounded in realistic long-term projections built on steady demand, tighter supply, and expanding global adoption. The market cap at that level would be about $10 trillion, roughly 2 percent of global wealth and still below gold. Historical cycles support this target with supply tightening and institutional adoption rising.

The path to $1 million Bitcoin relies on shrinking supply and outsized institutional demand. A severe liquidity crunch could trigger the surge to $1M if ETFs gather trillions while floating supply collapses. Banking integration and global adoption are key factors in reaching this ambitious valuation by 2030.

Read more at Yahoo Finance: Will BTC Hit $500K or $1M?