Bullish Bitcoin Could Hit $1 Million in a Decade, says Robert Kyosaki

Bitcoin could reach $1 million in the near future, according to some analysts who expect an ongoing bullish trend for the coin.

Bitcoin could hit a new record high very soon as it stays bullish.

Quick overview

  • Bitcoin (BTC) has gained 2.35% in the last 24 hours, reaching a price of $109,847.
  • Robert Kyosaki predicts Bitcoin could reach $1 million by 2035, while Cathie Wood suggests it could hit $1.5 million by 2030.
  • Despite a declining stock market, Bitcoin remains bullish, supported by new regulatory frameworks for stablecoins.
  • The recent surge past $100K has increased mainstream interest, making a $150,000 price target more likely this year.

In the last 24 hours, Bitcoin (BTC) has gained 2.35%, and Rich Dad, Poor Dad writer Robert Kyosaki says the coin could reach $1 million by 2035 thanks to a debt crisis and a stock market crash.

Bitcoin may be able to reach $1 million in the next 5-10 years.
Bitcoin may be able to reach $1 million in the next 5-10 years.

A long-term Bitcoin rally could be in the cards, say several notable financial analysts. These include Robert Kyosaki and the CEO of Ark Invest Cathie Wood. Wood says that Bitcoin could hit $1.5 million as soon as 2030. Kyosaki is more conservative with his predictions, calling for a $1 million value Bitcoin by 2035.

Bitcoin has now reached a price of $109,847 (BTC/USD) and is still rising. What is remarkable is that the coin is managing to stay bullish despite stock market decline. While the stock market remains closed today for Memorial Day, the markets closed low on Friday, with the indices falling between 0.60% and 1%.

Market decline was driven by new tariff fears, as President Trump announced levies against Apple and the entire European Union. While Bitcoin tends to fall with the stock market, that has not been the case over the last few days.

Bitcoin Price Prediction

There are several factors helping to prop up Bitcoin and the wider cryptocurrency market right now. Chief among them is the new regulatory framework being pushed through for stablecoins. This would make them easier to buy and sell and would modernize the laws related to cryptocurrency, causing the stablecoin market to explode, according to some experts.

Bitcoin is also enjoying a boost from surpassing $100K recently and setting a new record high just a few days ago. This has spurred greater interest from the mainstream media and investors, helping push Bitcoin to a higher support level than we have ever seen.

It is now far more likely that Bitcoin will hit $150,00 this year, especially now that Trump is making good on some of his promises about being a pro-cryptocurrency President. As for the price predictions that estimate that Bitcoin could pass $1 million in the next 5-10 years, those seem far more likely with Bitcoin’s bullish trend in the face of low stock market prices.

 

 

ABOUT THE AUTHOR See More
Timothy St. John
Financial Writer - European & US Desks
Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.

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