Ric Edelman Sees Bitcoin Hitting $500,000 by 2030 on Portfolio Allocation

Financial advisor Ric Edelman predicts that Bitcoin's price could reach $500,000 by 2030. According to Whale Insider, Edelman made this long-term price outlook during a February 2026 interview with Altcoin Daily. He explained that his calculation is based on a scenario where diversified portfolios around the world allocate 1% of their assets to Bitcoin.

The resulting capital flow, combined with Bitcoin's existing value, could support a price of approximately $500,000 per coin, Edelman argues. His projection does not imply a straight-line increase in Bitcoin's price and he notes that the path toward $500,000 would be volatile rather than continuous.

Edelman has previously advocated for larger crypto allocations depending on an investor's risk tolerance, but this broader recommendation is separate from his specific assumptions behind his $500,000 Bitcoin target. His 2030 projection has been reiterated in 2026 and remains part of his public outlook.