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Matt Hougan reveals the case behind the $1.6M Bitcoin target
Matt Hougan, CIO of Bitwise, says Bitcoin could be the best-performing major asset of the next decade. On Unchained, he outlined Bitwise's long-term target of roughly $1.6 million per BTC by 2036.
The forecast rests on two key assumptions: the global store-of-value market keeps expanding, and Bitcoin captures a larger share of it. Hougan says the combined gold and Bitcoin market is currently around $30 trillion and has grown roughly 13% annually over the past two decades.
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.