Bitwise CIO Matt Hougan just dropped a bomb: their $1.3M BTC target for 2035 might be CONSERVATIVE.

Let that sink in. Not bullish. Not optimistic. Conservative.

Hougan's thesis: if crypto adoption keeps accelerating globally and BTC cements itself as the digital reserve asset, current models underestimate the upside.

This isn't hopium from a random CT account. This is institutional capital talking.

The setup:

- Sovereign adoption accelerating

- ETF inflows breaking records

- Macro liquidity turning favorable

- Supply shock post-halving still unfolding

If BTC captures even a fraction of gold's market cap while becoming the internet's native money, $1.3M starts looking like a pit stop, not a destination.

Position accordingly. The next 10 years won't look like the last 10.