In the year 2026, if one bitcoin was worth $100, the whole market would be equal to the value of Apple. However, we will see how the price of one bitcoin will rise and fall during that time. The total market for a single bitcoin will be worth about $1.5 trillion in 2040. The coindesk bitcoin calculator will allow you to convert your bitcoins into any world currency.
The price of one bitcoin is currently $430k and may go as high as $1 million. Bitcoin’s value is determined by a popular stock-to-flow price model. This price model is widely accepted by analysts and is the most accurate way to estimate the future value of Bitcoin. It forecasts the price based on the current stock of Bitcoin in circulation and the rate at which new Bitcoin enter the market.
While the price of a bitcoin may increase by tenfold in just a few years, it is possible that the price will remain volatile. The average bitcoin price may hit $6,000 by January 2030, but it may rise to over $1 million by the end of the year. This price rise could be even more pronounced, since the price of one Bitcoin could soar above $1 million by September. Bitcoin may be trading between $900k and $1m by the end of the year, so volatility will always remain a factor.
The supply of Bitcoin is finite. There is an agreed limit of 21 million Bitcoins. It is estimated that eighty-seven percent of its total supply will be mined by April 2021. At that time, the total supply of the cryptocurrency will have been mined. This will make the mining process increasingly complex and power-hungry. Consequently, Bitcoin mining will consume more electricity than a small country.