Bitcoin Could Hit $1M by 2030, Nansen CEO Predicts

Nansen CEO Alex Svanevik has predicted that Bitcoin could reach $1 million by 2030, citing global liquidity and currency debasement as key factors.

Svanevik believes that Bitcoin's long-term value will depend on the continued expansion of the money supply, government spending, and global liquidity.

The Nansen chief expects market cycles to produce progressively higher price floors, with a permanent floor at $60,000 in his personal assessment.