Bitcoin’s Potential for Growth: A Bullish Forecast
How high can Bitcoin really go? For Matt Hougan, Chief Investment Officer at Bitwise, the answer could surprise even the most optimistic crypto bulls. In a detailed conversation with CoinTelegraph, Hougan stated his long-term forecast for Bitcoin: $1.3 million per coin by 2035. This projection is far from being based on a detailed institutional report, which modeled the role of Bitcoin as a value store, its competition with gold, and the growing wave of institutional adoption.
Factors Contributing to Bitcoin’s Growth
Hougan argues that three factors have shifted in favor of Bitcoin’s trajectory: the government’s climate debt, a regulatory climate that has become too cheap from hostile to cheap! and the arrival of Bitcoin exchange-traded funds (ETFs), which make it easier for Wall Street than ever before. In his words, Bitcoin (BTC) is no longer a marginal asset and is now taken into account in addition to shares, bonds, and real estate as a fundamental building block of global portfolios.
But is Bitcoin really on the right track to be able to compete with gold as a “digital gold”? Can it cover a quarter of the global market for value storage within the next decade? And how resilient is this forecast in the face of political uncertainty and market volatility? We pushed Hougan on these difficult questions and also explored his bullish case for Solana, which he describes as ingredients for an “epic run” into the end of the year and even the potential to become the “new Wall Street”.
A Detailed Analysis of Bitcoin’s Potential
Would you like to hear his complete argument, the risks he sees, and how institutions are turning into the crypto landscape quietly? Now look at the complete interview on the CoinTelegraph YouTube channel. Bitcoin bull cycle occurs in “late phase” as a spike for profit metrics. For more information, you can visit the source link to get a deeper understanding of Hougan’s thesis and the potential for Bitcoin’s growth.
