Lin Alden: Bitcoin will reach $ 1 million in 2030

Investment strategist Lin Alden believes that the bitcoin rate BTC $90,717.98 Bitcoin -0.16% Market capitalization $1.79 trillion VOL. 24 hours $2.61 billion will reach $ 1 million in the next decade. According to her, the rapid adoption of cryptocurrencies by society will allow bitcoin to remain a leader among digital assets and a reliable means of saving. In the interview, Alden noted that such a price is possible in the next ten to eleven years if development trends continue.

Alden also agreed with the forecast of Ark Invest CEO Katie Wood, who predicts that bitcoin could reach $ 1.5 million, but considers this forecast too optimistic in terms of timeframe. Wood predicts such growth by 2030, while Alden believes that a more realistic date is 2035.

The expert also stated that bitcoin could surpass gold in terms of market capitalization in the future. Currently, gold’s capitalization is about $ 17 trillion, which is 13 times higher than the current capitalization of bitcoin.

Alden emphasized that not buying bitcoin now is a missed opportunity. She considers bitcoin to be the best asset for long-term investment and urged those who have not yet invested in the first cryptocurrency to consider it.

Earlier, Jack Dorsey, the founder and former CEO of X (formerly Twitter), also stated that bitcoin would reach $ 1 million by 2030 due to the development of the blockchain ecosystem.