The post Bitcoin will not hit $1M by 2030, says veteran trader Peter Brandt appeared on BitcoinEthereumNews.com.

Veteran trader Peter Brandt has pushed back on one of Bitcoin’s most aggressive long-term price targets. “2030, we don’t go to a million,” Brandt tells Cointelegraph on the Chain Reaction show. Despite strong calls from Coinbase CEO Brian Armstrong and ARK Invest CEO Cathie Wood for Bitcoin to reach $1 million within the next four years, Brandt says that timeline is nowhere close to realistic. Brandt argues that the path to $1 million depends on fundamental changes in the global monetary system, rather than greater adoption or speculative momentum. “For Bitcoin to go to $1,000,000, that’s basically, let’s say, a 10x move for fair value,” he says, explaining that the purchasing power of the US dollar would need to decline by a 5x value, a scenario he doesn’t see as likely over the next four years. Peter Brandt spoke on Cointelegraph’s Chain Reaction show, which was published to X on Friday. (X/Cointelegraph) “Then you get the volatility and both sides of fair value by Bitcoin, which at some point would put it up to a million dollars,” he says, adding: “We’ll have to see real destruction of fiat currencies before that happens.” “So at some point, we’re going to see the whole store-of-value structure in the world change,” he says. Brandt doesn’t dismiss the milestone entirely however. “Eventually, we will go to a million,” he says. While Brandt says Bitcoin’s current fair value is difficult to pin down in the volatile market, if he had to estimate it, he would place it in the $80,000 to $100,000 range. Based on that range, Bitcoin is modestly undervalued by at least 12% in Brandt’s eyes at the time of publication, as it trades at $71,102. Read also Features Grokipedia: ‘Far right talking points’ or much-needed antidote to Wikipedia? Features Bitcoin may face…

---

Filed under: News - @ April 16, 2026 3:27 am