Thomas Fahrer, co-founder of Apollo, a Bitcoin ETF performance tracker, has made a bold prediction that Bitcoin's price will soar to unprecedented heights, reaching $3.5 million per coin by 2030. This forecast is rooted in Fahrer's expectations of significant growth in global assets and increasing adoption of Bitcoin as a store of value.

Currently, Bitcoin represents a mere 0.1% of the world's wealth, but Fahrer anticipates this share will surge to 5% by the end of the decade. He bases his calculations on the assumption that total global assets will expand from approximately $900 trillion to $1,500 trillion by 2030, with Bitcoin holding a 5% share in global assets. Using these figures, Fahrer estimates the price of one Bitcoin to be approximately $3.5 million.

While acknowledging the ambitious nature of his prediction, Fahrer considers it potentially conservative, as global asset inflation may exceed the 7% annual growth rate used in his forecast. However, even if Bitcoin's market share only reaches 1%, a significant upside in its price trajectory can be expected, potentially exceeding $714,000, a staggering 866% gain from the recent peak.

Fahrer's prediction is a testament to the growing confidence in Bitcoin's potential as a store of value and its increasing adoption in the global financial landscape. As the cryptocurrency market continues to evolve, predictions like these highlight the potential for significant growth and investment opportunities in the years to come.