Financial analyst Rajat Soni emphasized that only 21 million Bitcoin tokens exist, making 0.1 BTC a scarce asset that could secure generational wealth.
Bitcoin and other major crypto assets recovered on Tuesday as market sentiment improved. The rally followed an announcement from U.S. President Donald Trump, who delayed the implementation of new tariffs on Canada and Mexico. This decision renewed investor confidence, leading to a strong rebound in crypto prices.
Following the news, Bitcoin briefly surpassed $100,000 before stabilizing around $99,420 at press time.
The Case for Holding 0.1 Bitcoin
As Bitcoin’s value continues to rise, financial analysts have emphasized the potential long-term benefits of holding even small amounts. Chartered Financial Analyst Rajat Soni recently highlighted the significance of owning 0.1 Bitcoin.
He noted that with Bitcoin’s capped supply of 21 million coins, acquiring a fraction of the asset could position individuals for long-term financial stability.
At current market prices, 0.1 BTC is valued at approximately $9,939.50. If Bitcoin reaches $1 million, this amount would be worth $100,000.
Meanwhile, at a price of $5 million per Bitcoin, 0.1 BTC would equate to $500,000, while a $13 million valuation would push its worth to $1.3 million. Notably, prominent industry figures have predicted that these price levels could be attainable in the future.
Industry Figures Projecting Million-dollar Bitcoin Price
For instance, in December, Eric Trump, son of U.S. President Donald Trump, expressed confidence that Bitcoin would eventually reach $1 million.
At the Bitcoin MENA Conference in Abu Dhabi, he described the asset as a financial revolution transforming how he managed company treasury operations and transactions.
Investment strategist Lyn Alden also predicted Bitcoin could trade at $1 million per coin within the next decade. Alden cited the growing adoption of Bitcoin as a digital asset and store of value as key factors supporting this price projection.
She agreed with Ark Invest CEO Cathie Wood’s $1 million target but suggested that Wood’s 2030 timeline was too aggressive. Instead, Alden pointed to a more feasible estimate by 2035.
Could Bitcoin Reach $5M & $13M?
Further bullish predictions have come from MicroStrategy Chairman Michael Saylor, who identified three catalysts that could propel Bitcoin to $5 million.
These include a Bitcoin spot exchange-traded fund (ETF), updated fair value accounting rules from the Financial Accounting Standards Board (FASB), and the integration of Bitcoin custody and lending services by banks.
Additionally, in July 2024, Saylor made a more ambitious forecast, stating that Bitcoin could eventually be worth $13 million. He detailed this outlook at the Bitcoin 2024 conference in Nashville, explaining that his estimate was based on the Bitcoin24 model, an open-source tool used to simulate Bitcoin’s future value based on various adoption scenarios.
He projected that Bitcoin could reach this level by 2045, assuming an annual growth rate of 20%, down from its current 60%, with an average annual return of 29% over the next 21 years.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.