Bitcoin’s Million-Dollar Future: Bitwise Predicts BTC Will Hit $1 Million by 2035 – Is This the End of the Dollar Era?

Billion-dollar asset manager Bitwise drops a bombshell prediction: Bitcoin surging to $1 million within a decade.

The Ultimate Store of Value?

Forget gold—digital scarcity meets institutional adoption. Bitcoin's fixed supply of 21 million coins creates a perfect storm against inflationary fiat currencies. Traditional finance finally wakes up to what crypto natives knew all along.

Dollar Dominance Under Threat

Central banks keep printing while Bitcoin keeps mining. The math doesn't lie—hard-coded monetary policy versus political whims. Sovereign nations already stack BTC reserves while retail investors hedge against currency debasement.

Wall Street's Reluctant Embrace

From 'tulip mania' to trillion-dollar asset class—the skeptics became bag holders. Now billion-dollar firms place their bets alongside crypto OG's. Because nothing convinces bankers like missing out on 100x gains.

The final frontier? Global reserve currency status. Bitcoin doesn't ask for permission—it just verifies transactions and breaks financial systems. Maybe the real disruption was the friends we made dodging bank fees along the way.

The Dollar’s Eroding Dominance

Beyond U.S. domestic pressures, global shifts are underway. Nations such as China, Russia, and BRICS allies are reducing reliance on the dollar in trade and reserves. Data shows the dollar’s share of global reserves has steadily declined, while central banks explore alternative stores of value.

Bitwise notes that over a dozen governments now hold Bitcoin, signaling its growing role in reserve diversification.

Although the dollar will not disappear overnight, its influence appears to be diminishing. The $12 trillion global reserve market offers an opening for Bitcoin, which already commands a $2.3 trillion market cap. Proposals to rebalance reserves, including in the U.S. and Europe—underline how Bitcoin is gaining legitimacy as a parallel store of value alongside gold.

BTC Price Outlook: Long-Term Targets

Bitwise forecasts institutional investors could allocate 1–5% of portfolios to Bitcoin, representing $1–5 trillion in inflows over the next decade. ETFs already hold $170 billion worth of BTC, a sign this process is underway.

With 21 million coins as the maximum supply and only 1.1 million left to be mined, scarcity is expected to magnify future demand.

Bitcoin currently trades NEAR $112,500, consolidating after a pullback. Technically, the next test lies at $116,850; a breakout could trigger moves toward $120,900 and $124,500.

Traders see $105,000 as the key support. Short term, momentum indicators such as RSI and MACD suggest buyers are regaining control, while the broader thesis points to a long-term rally.

Bitwise’s baseline forecast is $1.3 million by 2035, with an optimistic scenario projecting $2.9 million—equivalent to a 39% annualized return.

For investors, the firm argues Bitcoin is no longer a speculative trade but an emerging pillar of global finance, potentially reshaping the dollar’s dominance in the decades ahead.

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By combining Bitcoin’s unmatched security with Solana’s high-performance framework, the project opens the door to entirely new use cases, including seamless BTC bridging and scalable dApp development.

The team has put strong emphasis on trust and scalability, with the project audited by Consult to give investors confidence in its foundations.

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