Bitcoin Forecast: $1.3M by 2035 as Institutions Drive Demand

Bitwise predicts Bitcoin’s price to reach $1.3 million by 2035, driven by institutional investment and Bitcoin’s limited supply. The firm projects a 28.3% annualized growth rate, significantly outpacing traditional assets like equities, bonds, and gold. While Bitwise sees a strong likelihood of reaching $1.3 million by 2035, their analysis presents various scenarios: a bullish projection reaches $2.97 million (with 39.4% annualized growth), while the bearish scenario could see prices dropping to $88,005 (with only 2% annualized growth). This range reflects Bitcoin’s continued volatility despite growing institutional participation.