💰🚀 The price of Bitcoin could reach $1.3 million by 2035, according to Bitwise Digital Asset Management
A new report from Bitwise Asset Management reveals astonishing forecasts for Bitcoin's trajectory over the coming years. 🔥
🔹 Main forecast: The price of Bitcoin could reach $1.3 million by 2035.
🔹 Driving factors:
1. 📈 Increasing institutional adoption by banks and investment funds.
2. 🛡️ Demand for hedging against inflation amid economic crises.
3. ⛓️ Limited supply of Bitcoin (only 21 million), increasing the asset's scarcity as demand rises.
👨💼 Chief Investment Officer at Bitwise, Matt Hougan, confirmed that Bitcoin has proven itself as a long-term strategic asset, and that these factors combined will drive it to unprecedented levels.
📊 Current market situation:
Bitcoin (BTC): around $116,950 (+4.0%)
Ethereum (ETH): $4,809 (+13.3%)
Binance Coin (BNB): $894 (+6.0%)
Solana (SOL): $196 (+8.5%)
Ripple (XRP): $3.07 (+5.8%)
🌍 Future forecasts open the door to a new era of digital currencies, where Bitcoin could become a key asset in global investment portfolios over the next decade.
🚀 In your opinion, do you think we will really see Bitcoin reach one million and three hundred thousand dollars before 2035? 🤔💭
