The post Matt Hougan: Bitcoin Could Hit $1 Million by 2036 appeared first on Coinpedia Fintech News
Bitwise CIO Matt Hougan forecasts Bitcoin could reach $1M per coin over the next ten years. He projects the global store of value market could expand to 121 trillion dollars, and if Bitcoin captures 17%, up from under 4% today, its total value would be 21 trillion dollars, still a modest portion. Institutional investors like Harvard and Abu Dhabi support this outlook. While some prefer gold during dips, Hougan views this prediction as conservative despite market risks.