Bitwise Forecasts Bitcoin to Reach $1 Million by 2029

Financial firm Bitwise has predicted that Bitcoin could reach $1 million by 2029, driven by increasing demand from institutions, ETFs, and even governments. Their prediction is based on rising institutional interest in Bitcoin, fueled by the recent approval of Bitcoin ETFs, which has increased mainstream access to crypto assets. Additionally, a shift towards Bitcoin as a digital store of value due to its scarcity and growing adoption across various sectors could drive further price appreciation.