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CNBC's Jim Cramer has dismissed the growing wave of $1,000,000 Bitcoin-by-2030 forecasts, calling them "magical nonsense."

Cramer took aim at some of the biggest Bitcoin bulls, arguing that ultra-bullish price targets are unrealistic and that the usual cheerleaders will have to defend their predictions once again.

Meanwhile, figures like Michael Saylor, Cathie Wood, and Brian Armstrong continue to stand by their long-term $1M BTC outlook.

Who's right: the skeptics or the Bitcoin bulls? 👀
BTC-1.86%
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