Nansen CEO says Bitcoin could hit $1 million by 2030

Nansen co-founder and CEO Alex Svanevik said Bitcoin could reach $1 million by 2030, framing that outcome as plausible rather than guaranteed and tying it mainly to global liquidity, government spending and continued money supply growth. He argued Bitcoin’s capped 21 million supply makes it a counterpoint to central bank and treasury-led currency expansion, and said its long-term pattern is likely to feature higher lows with sharp rallies that have historically appeared about every four years. Svanevik also said he does not think Bitcoin will fall below $60,000 again, though recent market action and other analysts’ views show that such permanent floor calls remain uncertain. U.S. spot Bitcoin ETFs have widened access through brokerage and retirement accounts, but flows in 2026 have swung sharply, underlining that regulated exposure can still amplify volatility when investors add or pull capital.

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