According to CoinMeta, Nansen, co-founder and CEO Alex Svanevik, predicts that Bitcoin could reach $1 million by 2030 and believes that the asset may never fall below $60,000. He stated that the long-term value of Bitcoin will mainly depend on global liquidity, government spending, and the continuous expansion of the money supply. Svanevik believes that more liquidity will increase demand for assets with limited supply and pointed out that the direction of global liquidity has a greater impact on Bitcoin's long-term price than any single market event.