Chief Investment Officer of Bitwise Asset Management Matt Hougan believes that if Bitcoin can capture a larger share of the global store of value market (currently valued at nearly $40 trillion), its price could reach $1 million per coin. He points out that Bitcoin currently accounts for approximately 4% of this market share, and if it can capture close to half of the share, its price could reach this level within a decade, but this depends on sustained market growth and institutional investor acceptance. Analysts believe that the $1 million target price symbolizes Bitcoin's potential to rival gold as a store of value, but the specific timeline varies from person to person.

BTC3,9%

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