#59 BITCOIN STRATEGIES
BITCOIN WILL HIT $1 MILLION BY 2029 đź
Bitcoin is on track to hit $1 million by 2029.
âBitcoin is well on its way to disrupting gold. Thatâs a $20 trillion market.
Add in international and cross-border transactions - another multi-trillion dollar market - and divide that by the number of BitcoinâŠ
At Bitwise, we think itâs going to cross $1 million by 2029.â-Matt Hougan
Matt lays out 3 key reasons behind his $1 million Bitcoin thesis:
1. Bitcoin is eating into goldâs market share - and fast.
2. Itâs become a viable tool for global transactions.
3. ETFs are hoarding BTC at a pace that far exceeds new supply.
