Bitcoin: Bitwise shock price prediction

Bitwise published a report predicting that Bitcoin will cross the million dollars bar before 2035.

Bitcoin and the Ponzi Fiat

Like the CEO of BlackRock, Bitwise sees Bitcoin as a reserve of numerical value allowing to cover yourself against the perpetual monetary devaluation.

Bitwise does not deny that BTC payments could also gain popularity, but it is its digital gold role which is at the heart of its investment thesis. In this regard, the most important macroeconomic factors to take into account are debt, deficits, inflation and hegemony of the dollar.

As the legendary investor Ray Dalio wrote in June 2025:

When countries have too many debts, the drop in interest rates and the devaluation of the currency in which the debt is denominated are the measures favored by political decision -makers. It is therefore wise to bet on it.

Ray Dalio

This is also what Bitwise thinks that puts things in perspective in his report via some very telling statistics:

• During its first 200 years of existence, the United States accumulated a debt of $ 650 billion. Today, this figure amounts to $ 36,200 billion.
• Half of the American debt has been accumulated over the past ten years.
• The interests on the American debt amount to $ 952 billion per year, which represents the fourth most important budgetary position (this will be the first budget in France this year…).

Said more clearly, monetary creation follows an exponential trajectory! Understand who can …

Lack of energy

This is how. The Fiat system is a Ponzi which requires perpetual growth of the economy so that inflation remains minimal. Except that growth is not decreed.

Growth = production = machines = energy = oil

The blood of the economy is essence. It is essential to feed the hundreds of millions of trucks that water the stalls around the world.

Problem, global gasoline production has stagnated since the 2007 conventional petroleum peak. However, without growth to put in front of the Ponzi Fiat, inflation is inevitable.

Bitwise analysts do not think that the United States is moving towards hyperinflation or another disaster scenario. But they do not see how the increases in debt and deficits could have another result than to erode the purchasing power of the dollar (-40 % over the last ten years …).

Bitwise did not fail to point out that the new American administration, elected with the mandate to slash public spending, has not succeeded.

If one of the largest entrepreneurs in the world (Elon Musk), combined with an iconoclastic president who is not afraid to shake up the established order, do not even manage to slightly slow down expenses, we doubt that anyone who succeeds.

Bitwise

As a result, Bitwise anticipates an increase in demand for assets such as gold and Bitcoin. The report notes that these two assets have been running in mind since 2020, suggesting that investors are already preparing for a more inflationary world.

The dollar twilight

The report adds that the evolution of the composition of the exchange reserves of nations could also give pride of place to Bitcoin.

The decrease in the share of the dollar in international exchange reserves has been the great subject of discussion for several years. In question, China, Russia and the BRICS which no longer want to finance the debt of the Empire.

We do not claim that the US dollar will necessarily lose its role as the main global reserve currency. The data suggests rather that its domination is weakening over time, giving way to other assets and currencies.

Bitwise

Bitwise believes it is very likely that Bitcoin is one of these new assets. In fact, the process is already underway. More than a dozen countries, including the United States, now have bitcoins.

We are still talking about a cake at 12,000 billion dollars (global reserves). Knowing that Bitcoin already weighs $ 2,300 billion and that the US government is about to swap part of its gold for bitcoins…

We are still far on the old continent, but things seem to evolve in the right direction. For example, the governor of the Czech Central Bank wishes to add it to its reserves. Problem, the president of the ECB opposes it.

Not to mention the German government which went so far as to sell 50,000 BTC at an average price of $ 58,000. What a mistake on the part of the Greens who refuse to understand that the Bitcoin industry is the missing link in the energy transition …

One million dollars per bitcoin

In summary, Bitwise expects Bitcoin to be the most efficient asset of the next decade. The objective is $ 1.3 million per bitcoin by 2035. This corresponds to an average annual growth rate of 28 %.

Bitwise thinks that these institutional investors will allocate between 1 % and 5 % of their Bitcoin portfolios. Between $ 1,000 and $ 5,000 billion since the World Bank estimates that these investors control around $ 100,000 billion in assets.

This process has already started. ETF Bitcoin now hold $ 170 billion in Bitcoins. A small deposit of persistent and sustained demand which is anticipated.

There will never be only 21 million bitcoins, including 19.9 million are already in circulation. The annual Bitcoin inflation rate is currently 0.8 % and will fall to 0.4 % in 2028, then 0.2 % in 2032 (the offer decreases in half every four years). For comparison, the annual gold inflation rate fluctuates between 1 % and 2 %.

Let us finish by stressing that the most optimistic scenario of Bitwise is $ 2.9 million per Bitcoin. Or an annual assessment rate of 39 %. If this is the case, your savings will be multiplied by 26 in ten years! Don't miss our article: Bitcoin: the Bull Run continues!