According to Markus Thielen, the notion of Bitcoin reaching a price of $1 million by 2030 is 'mathematically impossible'. This statement is based on the vast amount of funds required to boost the cryptocurrency to such a high price point.
As reported by CoinTelegraph, Thielen's assessment centers on the trillions of dollars needed to achieve this level of valuation, suggesting that such an influx of capital is highly unlikely by the specified deadline, if not altogether impossible.