Key figures in the cryptocurrency world are predicting a major price jump for Bitcoin, projecting it to reach one million dollars ($1M) by 2030. This potential surge is driven by several factors including declining faith in traditional financial systems and growing institutional interest. Experts like Jack Dorsey, co-founder of Twitter, believe that Bitcoin’s role as a hedge against financial instability will play a vital role in this predicted rise. His statement echoes those of prominent figures such as Robert Kiyosaki and Samson Mow who also anticipate Bitcoin’s potential to become a global monetary asset amidst economic uncertainties. 13,000 institutions have recently begun investing in Bitcoin, further boosting market liquidity and fueling confidence in the cryptocurrency space. These predictions, however, come with cautions from some crypto analysts. For example, Michaël van de Poppe predicts that while Bitcoin’s price could reach $1 million, this would likely coincide with inflationary periods and a potential economic downturn, highlighting the potential for volatility in the market.