Vision or reality? Billionaire Ricardo Salinas sees Bitcoin at $1.5 million

Vision or reality? Billionaire Ricardo Salinas sees Bitcoin at $1.5 million

The world’s largest cryptocurrency is in a period of weakness as gold rushes from one record to the next. For Mexican billionaire Ricardo Salinas, that’s nothing to worry about.

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Bitcoin will go up at least 14 times (means $1,516 Million USD) to catch up with Gold — and then it will continue to outperform. Bookmark this post ?? https://t.co/IdDItiKpEz

– Don Ricardo Salinas Pliego (@RicardoBSalinas) October 16, 2025

Accordingly, Salinas sees the Bitcoin price at around 1.5 million US dollars per token – and that is just the beginning. The fact that the billionaire makes such a prediction may also be due to the fact that Salinas himself holds around 70 to 80 percent of his assets in Bitcoin.

As BTC-ECHO reports, the cryptocurrency should even overshadow gold as the world’s top asset in the future. This currently seems extremely unrealistic: Bitcoin has a market capitalization of around 2.21 trillion US dollars and is therefore far behind the yellow precious metal. The recent rally has given gold a market capitalization of around $28.7 trillion – 13 times that of Bitcoin.

Gold rush at record levels, Bitcoin lagging behind

But the cryptocurrency has recently lost some of its shine, while gold continues to outshine everything. The price of the precious metal has increased by around 60 percent this year and reached a new record high of $4,357 per ounce. Geopolitical tensions and weak currencies in particular have recently driven gold to new heights.

Bitcoin, on the other hand, has recently struggled with headwinds. In the meantime, the price even fell below 105,000 US dollars, but is currently trading higher again at 110,790 US dollars (as of October 21, 2025). That’s another reason why Salinas sees no reason to worry. For him, the current phase is just a breather before Bitcoin enters a new phase of growth.

Market weakness or starting signal? Analysts see accumulation

Despite the correction, there is increasing evidence of a healthy market structure. Be[in]According to Crypto, many smaller investors are taking advantage of the opportunity to expand their holdings. On-chain data shows increased buying among wallets with holdings between 1 and 1,000 Bitcoin as larger investors wait. This pattern has often appeared in the past shortly before new upward movements.

CoinDesk also reports growing optimism. Quinn Thompson, chief investment officer at Lekker Capital, told a conference in London that he expects Bitcoin to “catch up” to gold soon. Matt Mena, analyst at 21Shares, also points to robust demand from exchange-traded funds and the prospect of the Federal Reserve further easing monetary policy, both factors that could support the market.

Digital gold of the future

With his forecast, Ricardo Salinas follows the assessments of other experts such as Arthur Hayes, but leans much further out of the window. Salinas himself sees the cryptocurrency as the modern, digital form of gold. A scarce commodity that is beyond the control of states and central banks – and is becoming increasingly important in view of increasing debt and monetary policy uncertainties.

However, it remains unclear whether the cryptocurrency will actually rise to $1.5 million. But the comparison with gold shows how much the perception of Bitcoin has changed. For investors like Ricardo Salinas, it has long been clear: Bitcoin is here to stay – and its potential could be far greater than many believe today.

Editorial team finanzen.net