Bitcoin to hit $1.3M by 2035 as institutions drive demand: Bitwise
Bitwise projects Bitcoin price to trade near $1.3 million by 2035, citing institutional demand, scarce supply, and macroeconomic pressures.
Key takeaways:
Bitwise forecasts Bitcoin price to reach $1.3 million by 2035, projecting 28.3% annualized returns that outpace traditional assets.
Institutional investors dominate Bitcoin demand, with corporate holdings surging and Strategy leading in accumulation.