Bitcoin to Hit $500,000 by 2030, Reiterates Financial Advisor Ric Edelman: 'Don't Really Care About the 4-Year Cycle'

Financial advisor Ric Edelman predicts that Bitcoin (BTC) will reach $500,000 by 2030, citing its 13,611% gain over the past decade, which outpaces gold and the S&P 500. He suggests that if global asset owners allocate just 1% of their portfolios to Bitcoin, the price could achieve this target, with a 2% allocation potentially pushing it to $1 million. Currently, Bitcoin is trading at $83,957, having increased by 1.10% in the last 24 hours.