Bitcoin to $1M by 2030 ‘Mathematically Impossible’: Analyst

This is less a price call than a claim about the arithmetic of capital inflows, and it matters because the $1M-by-2030 thesis has become a common anchor in bullish narratives. Thielen's argument shifts the debate from sentiment to mechanics, effectively questioning whether the required demand can exist at all. The open question is whether other analysts engage with the math or dismiss it as a framing exercise — that response, not the target itself, will show how much the bullish case rests on assumptions about inflows.