Coinbase CEO Brian Armstrong has made a striking forecast that caught the attention of the crypto community. According to him, Bitcoin could climb to the $1 million mark by the end of this decade.
Armstrong’s Surprising Outlook
Armstrong, who usually avoids giving price targets, shared his view on X, writing: “We’ll see $1M per Bitcoin by 2030.” He made the statement while referencing his appearance on the Cheeky Pint podcast.
https://twitter.com/brian_armstrong/status/1958259831577731159
This bold forecast aligns with the expectations of several other high-profile figures in the crypto industry.
Other Big Names with Similar Bitcoin Predictions
Former Twitter CEO Jack Dorsey has also suggested that Bitcoin could surpass $1 million by 2030. ARK Invest’s Cathie Wood has gone even further, projecting a possible $1.5 million valuation in her firm’s bull case scenario.
Meanwhile, MicroStrategy’s Michael Saylor argues that this milestone could be reached if Wall Street allocates just 10% of its reserves to Bitcoin. Author Robert Kiyosaki, known for Rich Dad Poor Dad, similarly believes inflation and mounting debt could push Bitcoin into seven-figure territory.
Regulatory Progress and the US Bitcoin Reserve
Armstrong emphasized that regulatory progress in the US could mark a critical milestone for the crypto industry. He pointed to stablecoin legislation and a market structure bill pending in the Senate, suggesting that meaningful changes might arrive before the end of the year.
He also highlighted that the US government now holds a strategic Bitcoin reserve, something he once considered unimaginable.
According to Armstrong, many of the risks that previously clouded Bitcoin’s future are fading. The likelihood of governments banning the asset has decreased, while the Bitcoin protocol has proven resilient for over a decade.
Rising Interest from Institutional Investors
The Coinbase CEO noted that many large funds already allocate around 1% of their portfolios to BTC. With clearer regulations, he believes this share could grow significantly.
Armstrong added that the rise of spot ETF products has already sparked a wave of adoption, attracting strong institutional demand. He expects this momentum to accelerate in the coming years.
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