Bitcoin Updates: Crypto Enthusiasts and Conventional Experts Debate $1 Million Bitcoin Projection

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Bitcoin Updates: Crypto Enthusiasts and Conventional Experts Debate $1 Million Bitcoin Projection

Bitget-RWA2025/11/21 17:20

By:Bitget-RWA

Jim Cramer, who has long been critical of Bitcoin's lofty price targets, has intensified his doubts, ridiculing optimistic forecasts that claim the cryptocurrency could be valued at $1 million per coin by 2030. The CNBC anchor singled out Michael Saylor, the CEO of MicroStrategy, whose persistent support for Bitcoin's future has made him a central figure in crypto discussions. "The usual crypto bulls are gearing up for another round of hype, throwing out numbers like $1 million per

bitcoin

in 2030, or some other fantastical claim," Cramer posted on X,

dismissing such optimism as unrealistic

Saylor, a prominent Bitcoin advocate, has stuck to his viewpoint despite recent market swings. At the Money20/20 event in October,

he once again expressed his conviction

that Bitcoin could reach $1 million within four to eight years. Other industry leaders share his outlook, including

Coinbase

CEO Brian Armstrong, who

stated on Fox Business in September

that clearer regulations could help Bitcoin achieve this milestone by 2030. Tom Lee, chairman of BitMine, has also argued that this target is within reach, while ARK Invest’s Cathie Wood has predicted even higher prices.

This ongoing debate highlights the growing divide between staunch crypto supporters and traditional finance experts. Saylor and his supporters point to Bitcoin’s limited supply and increasing institutional interest as positive factors, while skeptics like Cramer argue that such predictions overlook broader economic challenges. "They always have to justify their stance," Cramer remarked,

implying that the bullish outlook is self-perpetuating

Bitcoin Updates: Crypto Enthusiasts and Conventional Experts Debate $1 Million Bitcoin Projection image 0

Market signals, however, remain mixed.

Bitcoin was recently trading below

its record high from October, reflecting ongoing uncertainty amid changing economic conditions. Nevertheless, innovation in the crypto sector continues. Bitcoin Munari, a project that seeks to combine Bitcoin’s scarcity with Solana’s scalability, has

, with intentions to move to its own blockchain by 2027. The project’s total supply of 21 million tokens

follows Bitcoin’s approach

but adds features such as EVM-compatible smart contracts and delegated proof-of-stake validation.

At the same time, blockchain data shows Bitcoin’s lasting impact. A strategy linked to the asset

brought in $10 billion during Q2 2025

, fueled by price increases and higher derivatives trading. Tom Lee, despite recent downturns,

stays optimistic, recently predicting

that Bitcoin could be worth between $150,000 and $200,000 by January 2026. His positive outlook stands in contrast to Cramer’s skepticism, highlighting the sharp divide in opinions within the crypto world.

As the discussion continues, the $1 million Bitcoin prediction remains unverified—a goal that,

much like the quest for a 1-million-qubit quantum computer

, sits at the crossroads of ambition and practicality.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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