Matt Hougan, CIO at Bitwise Asset Management, forecasts Bitcoin will rise from $113,000 to $1.4 million by 2035, potentially signaling strong growth.
This prediction emphasizes Bitcoin’s shifting role in portfolios, suggesting broader institutional acceptance and potential market cap expansion.
Bitcoin could skyrocket to $1.4 million by 2035, changing its role in global finance.
Bitwise Asset Management predicts Bitcoin’s transformation into a core asset, with market cap implications and institutional interest on the rise.
Bitcoin to Reach $1.4 Million by 2035
Matt Hougan, Chief Investment Officer at Bitwise Asset Management, predicts Bitcoin will experience 28.3% compound annual growth through 2035, supported by investor notes. The forecast mentions optimism about Bitcoin’s strategic use as a core asset in investment portfolios. Hougan noted, “Professional investors mostly thought of bitcoin as an idiosyncratic, opportunistic investment.” (source)
Bitwise’s forecast anticipates Bitcoin’s rise from approximately $113,000 to $1.4 million by 2035 based on shifts in investor sentiment. It highlights the evolution of Bitcoin from an “idiosyncratic investment” to a core portfolio component.
Bitcoin’s Market Cap to Exceed $28 Trillion
The forecast implies Bitcoin’s market cap would surpass $28 trillion, overshadowing the U.S. Treasury market. No funding allocations or institutional involvements are tied directly. Still, Bitcoin is increasingly viewed as a critical asset class.
Financial predictions assume sustained adoption amid potential volatility. The sentiment among professional investors increasingly positions Bitcoin as an essential asset. This perspective relies on historical investment trends and anticipates continued institutional interest.
Boom-Bust Cycles Highlighted in Bitcoin’s Growth
Historically, Bitcoin’s growth has followed a boom-bust cycle every four years. Previous cycles saw substantial gains, driving its view as a lucrative investment. This forecast assumes no significant technical flaws in the future trajectory.
While no direct quotes from crypto leaders react to this forecast, industry perspectives acknowledge Bitcoin’s growing institutional acceptance. Analytical data points to continued appeal, aligning with prior market trajectories that have driven Bitcoin’s mainstream adoption.
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