Jack Dorsey's Bold Prediction: Bitcoin to Exceed $1 Million Value by 2030

Friday, 10 May 2024, 11:11

In an interview with Pirate Wires, Jack Dorsey, CEO of Block Inc., predicts Bitcoin's value to surpass $1 million by 2030. His optimism stems from the vibrant ecosystem driving Bitcoin's growth, coupled with Block Inc.'s strategic purchasing plans. The cryptocurrency market anticipates significant milestones despite current hurdles and resistance at the $63,000 level, with Pantera Capital projecting a bright future for Bitcoin.
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Jack Dorsey's Bold Prediction: Bitcoin to Exceed $1 Million Value by 2030

Why Jack Dorsey is Bullish on Bitcoin

Jack Dorsey predicts Bitcoin will exceed $1 million by 2030, emphasizing the cryptocurrency's vibrant ecosystem and Block Inc.'s strategic purchasing plans. In an interview with Pirate Wires, Dorsey shared his forecast for Bitcoin's value exceeding $1 million by 2030.

Dorsey's Optimism and Strategy

  • Bitcoin's ecosystem is key for Dorsey.
  • Block Inc. adopts dollar-cost averaging strategy.
  • Plans to purchase Bitcoin monthly for long-term gains.

Pantera Capital projects a bright future for Bitcoin, expecting a price of $117,000 by August 2025. Despite market challenges, Bitcoin remains on an upward trajectory, with potential for significant growth if obstacles are overcome.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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