Industry Leaders Forecast Bitcoin Price Beyond $1M by 2030

As the cryptocurrency market navigates volatile swings and technical rebounds, a compelling bitcoin price prediction continues to capture industry attention. Jack Dorsey, the influential figure behind Twitter’s early days and current blockchain advocate, projects that bitcoin could surge well beyond the $1 million mark by the end of 2030—a forecast that echoes broader optimism among crypto’s top minds about digital assets’ long-term trajectory.

Dorsey and Wood’s Bullish Bitcoin Price Predictions

During a recent interview with Pirate Wires, Dorsey outlined his confidence in bitcoin’s path forward, stating the cryptocurrency would “hit that number and go beyond” the million-dollar threshold. His bitcoin price forecast aligns closely with Cathie Wood, the visionary behind Ark Invest, who has pushed even further—predicting the asset could reach $1.5 million within the same timeframe. These aren’t casual remarks from fringe voices; both figures command respect in institutional circles, lending credibility to ambitious 2030 targets that once seemed purely speculative.

The Ecosystem Narrative Driving Price Momentum

What distinguishes Dorsey’s perspective isn’t merely bullish sentiment but a deeper conviction about network effects. “Everyone who puts any effort into making it better is making the entire ecosystem better, which makes the price go up,” he explained. This insight underscores why serious investors view bitcoin price movements as inseparable from the ecosystem’s health and development velocity. As more builders, users, and stakeholders contribute to the network’s expansion, the underlying value proposition strengthens—a dynamic that could justify exponential price appreciation over the coming years.

Technical Signals and Resistance Levels to Watch

While long-term bitcoin price predictions offer optimism, near-term market mechanics reveal more caution. Bitcoin recently rebounded to approximately $68.23K, up 3.66% in 24 hours, driven by a sharp short squeeze that rippled across altcoins like ETH, SOL, DOGE, and ADA. Analysts from LMAX Group, however, urge restraint, noting the rebound appears technically-driven by thin liquidity rather than fundamental catalysts. Critical resistance levels around $72,000 and $78,000 remain key battlegrounds; sustained breaks above these thresholds would signal a more durable uptrend toward the ambitious 2030 targets.