Bitcoin to $1.3 Million? Bitwise CIO Matt Hougan Breaks Down the Thesis 🏦📈
Bitwise Asset Management just released their long-term Capital Market Assumptions, and the forecast for #Bitcoin is massive. CIO Matt Hougan projects $BTC could hit $1.3 Million by 2035.
The Logic Behind the Number:
The "Gold" Model: Bitwise models Bitcoin reaching 25% of gold’s market cap (up from ~9% today).
Institutional Demand: For the first time, 12 major institutional platforms are actively requesting long-term capital assumptions for Bitcoin. It’s moving from "speculative fringe" to "core portfolio staple."
Annualized Growth: The model projects a 28.3% compound annual growth rate (CAGR) over the next decade.
The Reality Check: While Hougan acknowledges that volatility remains high, he notes that Bitcoin’s correlation with equities is decreasing, making it an essential non-correlated asset for the future.
Key Highlights:
✅ Growth: 28% average annual returns for 10 years straight.
✅ Trust: Massive pension funds and sovereign wealth funds are moving in.
✅ Volatility: Decreasing over time as Bitcoin matures into a "Structural Asset."
Question for the Square Fam: If Bitcoin hits $1.3M in 2035, what’s the first thing you’re doing with your gains? 🏠🏝️🏎️
Is $1.3M the new reality or just "moon" talk? Let’s discuss below! 👇
