Bitwise don predict Bitcoin go reach $1.3M by 2035, Institutional Flows

Bitwise latest Bitcoin price prediction dey talk say e fit rise reach $1.3 million by 2035, wey mean say e get 28.3% CAGR wey pass stock, bonds and gold dem. Dis Bitcoin price prediction base for three main tins: big increase for institutional demand (75% of Coinbase volume from institutions, 35 public companies wey hold ≥1,000 BTC), Bitcoin limited supply (94.8% dey circulate, issuance rate dey drop from 0.8% to 0.2% by 2032, 70% of coins no move for over one year) and macro-economic pressure (US debt reach $36.2 trillion with $952 billion interest cost every year). Some optimistic tin dem go push target reach $2.97 million (39.4% CAGR), while pesimistic scenario fit put am for $88,005 (2% CAGR), wey show say price fit get wahala. Miners dey produce 450 BTC per day but institutional off-take na 2,500 BTC every 48 hours, dis one create wetin Bitwise call “perfect storm” for price jump. Regulatory risk, political uncertainty and Bitcoin newness na threats, while technical risks like quantum computing still secondary. Traders suppose balance the long term better outlook with possible short term wahala when them dey adjust their allocation. Because e no get much relation with stock and bonds, e go mean say volatility go small, na wetin make Bitcoin better as inflation hedge and portfolio diversifier.