Key Predictions and Confidence in Bitcoin
Mexican billionaire Ricardo Salinas Pliego declared in October 2025 that it's still early for Bitcoin, suggesting it could reach $1.5 million by surpassing gold's market capitalization. Salinas's statement highlights growing institutional interest in Bitcoin, potentially influencing market participants to increase their holdings and promoting its role as a prominent asset class.
Ricardo Salinas, influential Mexican billionaire, has forecasted that Bitcoin could reach $1.5 million per coin by surpassing gold’s market cap. He reiterated it's "still early" for Bitcoin, indicating substantial potential for growth.
Grupo Salinas founder, Salinas, with a personal portfolio 70-80% in Bitcoin, emphasizes BTC's value. As he mentioned, "Bitcoin will go up at least 14 times (means $1.516 Million) to catch up with Gold — and then it will continue to outperform," maintaining confidence in its future performance.
Market Reaction and Community Engagement
The prediction did not result in immediate Bitcoin price increases; however, Salinas's comments energized the Bitcoin community, encouraging accumulation strategies. Bitcoin's price remains a topic of significant discourse within the market.
Salinas's viewpoint urges institutional adoption of Bitcoin, highlighting its potential as a hedge against inflation. He envisions robust regulatory frameworks and financial products bolstering BTC valuations, further supporting its growth narrative.
Bitcoin's Narrative as a Store of Value
The past actions of key figures like Salinas strengthen the digital gold narrative, enhancing Bitcoin's reputation as a store-of-value asset. The forecast is expected to sustain interest within institutional circles, although no on-chain data shows immediate effects.
Salinas’s perspective emphasizes Bitcoin's role as a hard asset for wealth transfer and inflation hedge. Despite no direct government statements, his forecast sparks wider debate on Bitcoin's long-term potential within financial markets, as discussed in Exploring the Bitcoin Enlightenment.