A trader using the pseudonym Jack.poor has come up with what he believes is the simplest way to become a millionaire by buying Bitcoin, but will it work?
Digital asset trader считает, that you can now borrow $71,000 at 7,5% per annum and buy 1 BTC with that money. In 10 years kriptovalyuta will cost $1 million, and the bank will have to pay $124,000. Accordingly, the profit from selling the coin at the stated price will reach $876,000, and two bitcoins will allow you to earn $1,75 million.
Clearly, the main weakness of this strategy is that BTC may not rise to its expected price targets within the next decade. This is evidenced by the rapid fading of the bearish trend in the digital asset market. Specifically, the cryptocurrency’s price peaked in 2021. exceeded The previous one was 250%, and in 2025, only 83%. That is, the upward movement has slowed down threefold.
By 2036, the Bitcoin market will have completed two full cycles, with the third one three-quarters complete. Accordingly, given the diminishing strength of the bullish trend, the analyst Happy Coin News Yuri Saveliev predicts that BTC will be worth no more than $180,700 in 10 years. Therefore, the profit from selling one Bitcoin will only be $56,700, and Jack.poor’s tactic will not work.
However, the virtual assistant Grok adheres to a more optimistic scenario and foretells Bitcoin’s price will rise to $560,000 as early as December 2030. The AI forecast is based on the belief that the traditional four-year cycle will be replaced by a supercycle, during which kriptovalyuta will appreciate without prolonged periods of downward trend. In this case, the digital asset’s value could easily reach $1 million by 2036, and Jack.poor will be proven right.
Grok’s 2030 BTC Price Prediction