Bitwise investment director forecasts Bitcoin price of $1.3 million by 2035
The investment director of Bitwise presented a valuation model indicating that Bitcoin’s target price could reach $1.3 million by 2035. This estimate assumes the share of the leading cryptocurrency in gold’s overall market capitalization will grow from 9% to 25%.
According to the model, the current pace of gold’s value increase supports this target, making a $1 million price for BTC appear even conservative. The analysis suggests Bitcoin will increasingly compete with gold as a store of value.
This forecast highlights the long-term growth potential for Bitcoin over the next 15 years, drawing investors’ attention to its rising strategic importance.
