Crypto Asset Manager Bitwise, Bitcoin in his new report $116,377.18(BTC) has repeated its expectations that it will gain significant value in the next decade. According to the company’s analysts, Bitcoin will be the best performance among corporate assets until 2035. Bitwise pointed out that the price of Bitcoin could rise up to $ 1.3 million in this process. This ambitious estimate came to the agenda at a time when the price of Bitcoin reached historical peaks and traded over $ 100,000.
Bitwise Bitcoin Report
Bitwise’s report emphasized that Bitcoin could provide return to other traditional assets with an average growth rate of 28.3 percent in the next 10 years. However, the company pointed out that it is expected to continue fluctuations in the market in this process. It was predicted that Bitcoin’s volatile structure could still be less pronounced than past cycles.
Analysts stated that growth will be caused by three main factors: Bitcoin’s acceptance as an institutional entity, the increase in interest in solid beings in the inflationary environment, and the new supply scarcity. In Bitwise information, Bitcoin’s “historical four -year cycle” understanding has lost its validity under current conditions.
Bitwise Analyst Matt Hougan and his team said, “Three basic powers will direct the increase in adoption and price: the acceptance of the corporate level, the search for safe harbor in the face of inflation, and the supply.
Risks and Uncertainties
In the company report, potential risks were also pointed out. The changes in regulatory authorities, legal regulations in large markets and the limited data due to being a new class of assets were among the main risks. Bitwise also announced that it has not seen developments such as quantum information, which is one of the technological threats, as a priority threat for now.
The company’s estimation emphasized that Bitcoin’s past performance could only be a limited guide for future success. Bitwise officials pointed out the lack of long -term data, said projections are not completely certain.
Bitwise report included the following statements: uz We are aware of the difficulty of estimating due to lack of long -term data. We prefer to be cautious while models continue to develop. ”
In summary, Bitwise’s growth forecast suggests that Bitcoin may increase in the market value, but it is recorded that this situation contains numerous uncertainties and fluctuation risks. Especially in the regulatory environment and in large markets, the cost of changes may be heavy.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
