Middelkoop Sets $1M Bitcoin Target for 2030, Says Central Banks Avoid BTC Due to Control Concerns

Market analyst and investor Middelkoop has set a $1 million price target for Bitcoin by 2030, arguing that central banks are avoiding Bitcoin due to concerns about losing control over monetary policy, according to a statement on October 12, 2026. Middelkoop's bullish thesis is based on the premise that Bitcoin's fixed supply and decentralized nature make it an attractive hedge against currency debasement and inflation, particularly as governments continue to run large fiscal deficits and central banks expand their balance sheets. He noted that central banks have been reluctant to adopt Bitcoin as a reserve asset because doing so would undermine their ability to control the money supply and manage economic cycles. BTC edged up 0.44% on the news. For content creators, this is a story about the long-term bull case for Bitcoin and the ideological tension between decentralized digital currencies and centralized monetary policy. Middelkoop's $1 million target implies a massive increase from current levels, reflecting his conviction that Bitcoin will continue to gain adoption as a store of value and medium of exchange.
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