Portfolio allocation strategies targeting 5% BTC weighting generate an average "bitcoin 2030 price forecast" of $220,000, based on Monte Carlo simulations. Earlier this year, Wall Street giant Fidelity predicted that “more nation-states, central banks, sovereign wealth funds, and government treasuries will look to establish strategic positions in bitcoin," while just last week, analysts with Wall Street giant Deutsche Bank said bitcoin could be put on equal footing with gold on the Federal Reserve’s balance sheet by 2030 . Rouge International & Rouge Ventures’ MD, Desmond Marshall, also says BTC is a buy, off the back of governmental support. “BTC is becoming more in tune to gold these days, especially after the bombing of Iranian nuclear sites by the U.S.,” he says. “Together with [President Donald] Trump’s embrace of digital crypto assets, his sons dealing with huge amounts of crypto projects and the strong U.S. dollar, the U.S. government is already buying large reserves of BTC. This is supported by many businesses venturing into this realm with enterprise crypto strategies. BTC is so much less manipulated than gold already.” The long-term commodity substitution thesis supports a "bitcoin 2030 price forecast" of $240,000, as nations diversify away from oil-backed sovereign reserves.