Bitcoin Price Will Surge to $1M By 2033, Says Investor, Predictions Claim It Will Beat S&P 500 in 2026
Yahoo Finance·2025-12-29 12:47

Core Viewpoint - Bitcoin bulls are increasingly confident, with investors and traders betting on the cryptocurrency's potential to outperform traditional assets in both the short and long term [1] Group 1: Investor Sentiment - Investor Mike Alfred has made a bold prediction, stating he will sell his entire Bitcoin portfolio and delete his X account if Bitcoin does not reach $1 million by December 31, 2033 [2] - Alfred emphasizes the importance of taking a stand and backing one's beliefs with financial commitments [3] - He believes that recent selling pressure has subsided, as some traders have shifted their focus to silver [3] Group 2: Price Predictions - Alfred's views are part of a broader trend of optimistic Bitcoin price forecasts from notable figures in the crypto industry [5] - Fundstrat's Tom Lee predicts Bitcoin could exceed $200,000 in the long term, driven by easing financial conditions and increasing demand [5] - Michael Saylor has consistently argued that Bitcoin's price could eventually surpass $1 million [5] Group 3: Market Trends - Samson Mow supports the $1 million Bitcoin thesis, noting that developments in the market often occur faster than anticipated [6] - Prediction markets indicate that traders are increasingly optimistic about Bitcoin outperforming gold and the S&P 500 as early as 2026 [7] - Mow's internal models suggest Bitcoin could reach $1 million by 2031, with the possibility of an earlier milestone [8]