Summary

  • Investor James Lavish said Bitcoin could reach as much as $500,000 by mid-2029.
  • He said even under a conservative scenario, Bitcoin could rise to $200,000 to $300,000.
  • Lavish said Bitcoin has already passed its bottom and that broader Bitcoin adoption by institutional investors could support further price gains.

Forecast Trend Report by Period

Investor James Lavish said Bitcoin could climb to as much as $500,000 by mid-2029. He set a more conservative target range of $200,000 to $300,000.

Cointelegraph reported on Nov. 11 that Lavish sees Bitcoin rising to $400,000 to $500,000 by mid-2029.

Even under a conservative scenario, he expects Bitcoin to reach $200,000 to $300,000.

Lavish also said Bitcoin has already passed its bottom. He added that broader institutional adoption of Bitcoin could help drive further price gains.

JH Kim