Bitwise: $1.3 million for Bitcoin by 2035 — conservative forecast

The investment director of Bitwise presented a model according to which BTC could rise to $1.3 million by 2035. The forecast is based on the assumption that Bitcoin's share of the global gold market capitalization will increase from the current ~9% to 25%.

According to the analyst, with the current growth in the price of gold, even the target of $1 million for BTC seems understated.

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