Bitwise Reiterates $1.3 Million Bitcoin Forecast for 2035
Bitwise Asset Management has reaffirmed its ambitious forecast for Bitcoin's value, predicting it will reach $1.3 million by 2035.
The prediction is based on several key factors, including the growing institutional demand for Bitcoin, which Bitwise believes will continue to increase over time.
According to a recent report from Memeburn, Bitwise CIO Matt Hougan stated that Bitcoin has a good chance of recovering to $100,000 in 2026 and reiterating the firm's longer-term expectation that BTC could reach around $1.3 million by 2035.
The long-term target was first mentioned in Bitwise's 2025 capital-market assumptions, which projected a 28.3% compound annual growth rate through 2035 alongside average volatility of 32.9% and a 0.39 average correlation with US equities.