Bitcoin Price Could Reach $2.95 Million by 2035
- CF Benchmarks projects Bitcoin could reach $1.5 million by 2035.
- The valuation range is set between $637,000 and $2.95 million depending on Bitcoin’s share of the global store-of-value market.
- The forecast considers Bitcoin’s expanding store-of-value market share, fixed supply, and sensitivity to monetary conditions.
- If Bitcoin surpasses gold as a store of value, its price could reach $2.95 million by 2035.
CF Benchmarks forecasts that Bitcoin could potentially reach up to $2.95 million by 2035, driven by its increasing role in the global store-of-value market and specific monetary characteristics.
Source (3.2)https://cryptobriefing.com/bitcoin-price-forecast-2035/?rand=59535