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Bitwise: $1.3 million for Bitcoin by 2035 — conservative forecast
Bitwise's investment director presented a model suggesting that BTC could grow to $1.3 million by 2035. The forecast is based on the assumption that Bitcoin's share of the global gold market capitalization will increase from the current ~9% to 25%.
According to the analyst, with the current gold price growth, even a target of $1 million per BTC seems underestimated.
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