Bitcoin could reach $1 million per coin under conservative scenarios, Bitwise CIO argues

Bitwise Chief Investment Officer Matt Hougan outlined a scenario where Bitcoin could appreciate to $1 million per coin based on what he describes as reasonably conservative assumptions. The analysis suggests that even with measured growth projections, BTC has potential for significant long-term appreciation from its current price near $70,000. Hougan’s assessment reflects a longer-term perspective on Bitcoin’s role in global financial markets and asset allocation.