A wave of bold projections from six to nine figures with disparate assumptions underpinning each outlook.
With predictions varying across time frames from this year to 2030, the table below shows a breakdown of the average Bitcoin price targets currently being forecast.
Wood’s forecasts are based partly on modeling Bitcoin as a reserve asset replacing allocations to gold and specific sovereign debt instruments, contingent on accelerating institutional flows.
On the more extreme end, Fidelity last year projected a $1 billion valuation per coin by 2038. This extreme target is grounded in network adoption curve analogies, positioning Bitcoin as a potential base-layer financial system and framing the projection as a function of exponential adoption and monetary network effects. The $1 billion thesis reflects a far-end macro transformation scenario rather than a cyclical valuation.
Despite stark differences in scale and timing, the shared denominator across all forecasts is the institutional reframing of Bitcoin’s role in diversified portfolios. Whether as a long-term hedge, macro reserve, or internet-native monetary base, the narrative shaping forward price targets continues to be dominated by capital flow models and network entrenchment rather than retail speculation or hype cycles.
Each projection reflects a different hypothesis on monetary reconfiguration, and none are immune to regime shifts in regulation, macro policy, or technology. Still, the volume and intensity of public institutional forecasts reflect an increasingly codified role for Bitcoin within long-term capital frameworks.
* Does not include $1 billion Hyperbitcoinization target from Fidelity.