Will Bitcoin Hit $1.3M by 2035? Bitwise CIO Explains His Thesis

Will Bitcoin hit $1.3M by 2035? Bitwise’s Matt Hougan explains his thesis

In an interview with Coinpectra Bitwise CIO Matt Hougan outlines why Bitcoin could climb to over $1 million by 2035, pointing to Wall Street’s growing embrace of crypto.

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How high can Bitcoin really go? For Matt Hougan, chief investment officer at Bitwise, the answer might surprise even the most optimistic crypto bulls.

In an in-depth conversation with Coinpectra, Hougan laid out his long-term forecast for Bitcoin: $1.3 million per coin by 2035. Far from a wild guess, this projection is based on a detailed institutional report that models Bitcoin’s role as a store of value, its competition with gold, and the growing wave of institutional adoption.

Hougan argues that three factors are converging to reshape Bitcoin’s trajectory: ballooning government debt, a regulatory climate that has turned from hostile to favorable, and the arrival of Bitcoin exchange-traded funds (ETFs), which make it easier than ever for Wall Street to invest.

In his words, Bitcoin (BTC) is no longer a fringe asset, and it is now considered alongside stocks, bonds and real estate as a fundamental building block of global portfolios.

But is Bitcoin really on track to rival gold as “digital gold?” Can it capture a quarter of the global store-of-value market within the next decade? And how resilient is this forecast in the face of political uncertainty and market volatility?

We pressed Hougan on these tough questions, and we also explored his bullish case for Solana, which he describes as having the ingredients for an “epic run” into year-end and even the potential to become the “new Wall Street.”

Want to hear his full reasoning, the risks he sees ahead and how institutions are quietly reshaping the crypto landscape? Watch the full interview now on the Coinpectra YouTube channel.