Bitcoin Over $1 Million: Bitwise Prediction Sets Bitcoin Hyper on Fire

Another day, another bold new Bitcoin price prediction: $1.3M by 2035.

The world’s largest crypto has evolved from a niche digital asset to a major institutional holding. Crypto asset manager Bitwise sees that evolution continuing at a 28.3% compound annual growth rate (CAGR) over the next decade – far outperforming equities (6.2%), bonds (4.0%), and gold (3.8%).

The recently-released Bitcoin Long Term Capital Market Assumptions report from Bitwise explains the reasoning behind the $1.3M price prediction in greater detail, highlighting just how much room for growth remains for Bitcoin.

Bear in mind, Bitwise’s bullish $BTC prediction doesn’t take into account the impact that innovative projects could have on the Bitcoin blockchain – further driving up its price.

And one project in particular, Bitcoin Hyper ($HYPER), could well be that game-changer.

The Big Picture: Even the Downsides Bode Well for Bitcoin

Bitwise notes that while the broader economic picture is positive, there are some looming downsides.

First, the US’ national debt is climbing rapidly. When that happens, countries prefer to lower interest rates and devalue their own currency, minimizing the impact of the debt held in that currency.

And as the Bitwise report puts it, it ‘pays to bet on that happening’ in terms of the US’ national debt.

Lower interest rates encourage spending and, by themselves, would be a good sign for Bitcoin’s outlook. Investors are already looking forward to the September Federal Reserve board meeting, in which Jerome Powell, Fed Chair, is widely expected to cut interest rates.

More broadly, US dollar dominance is weakening slightly globally.

That isn’t a doomsday scenario for the US economy, but it does indicate a potential opportunity. As the dollar weakens and loses global dominance, it creates an opening for alternative reserve currencies.

That’s where Bitcoin could come in. In fact, it already has – with Michael Saylor popularizing the Bitcoin Treasury strategy.

The Best Is Yet to Come for Bitcoin

Bitwise’s actual price prediction is incredibly bullish and rests on a number of simple facts:

• Bitcoin demand is no longer the domain of retail traders. Institutions now account for over 75% of Bitcoin trading volume on Coinbase.
• Corporate treasuries are accelerating their accumulation – 44 public companies now hold at least 1K $BTC each.
• Bitcoin’s supply restrictions strengthen its case as a digital store of value. About 19.91M $BTC of its total 21M supply ( 94.8%) is already in circulation.

Amid skyrocketing US federal debt ($36T) and nearly $1T in annual interest costs, investors are increasingly drawn to hard, limited-supply assets.

That explains why Bitcoin’s performance since 2020 has been little short of mind-blowing:

Bitwise believes that performance will continue. With a 28.3% CAGR, Bitcoin would reach $1.3M by 2035; that’s Bitwise’s base projection.

In a truly bullish scenario, that CAGR ticks up to 39.4%, and Bitcoin could reach $2.9M.

Importantly, Bitwise isn’t just pulling numbers out of a hat with these predictions. The numbers are based on underlying assumptions. Some of them may be incorrect, but there’s a clear logic behind them.

Bitcoin could under-perform, of course. In Bitwise’s bearish scenario, the CAGR falls to almost nothing and Bitcoin declines to $88K. But then again, Bitcoin could benefit from factors Bitwise hasn’t considered – like the advent of a fast, powerful Bitcoin Layer-2.

Bitcoin Hyper ($HYPER) – The Layer-2 Solution Designed for a Faster, More Integrated Bitcoin

Bitcoin Hyper ($HYPER) offers a meme coin vibe with genuine utility and innovation behind it.

What is Bitcoin Hyper? It’s a Layer-2 that addresses a clear problem – Bitcoin’s throughput limitations, high fees, and lack of scalability – and applies a unique solution. A solution that could potentially boost Bitcoin’s growth even further as the Hyper Layer-2 adds utility to Bitcoin.

The project relies on a hybrid architecture that uses a Canonical Bridge to send Bitcoin from the base layer to Bitcoin Hyper (as wrapped $BTC). Hyper’s Layer-2 also integrates the Solana Virtual Machine, giving it Solana’s lightning-fast transaction speeds and high throughput.

Whereas Bitcoin averages around seven transactions per second (TPS), Solana has a max theoretical TPS of 65K.

At the same time, final settlement remains on the Bitcoin blockchain, leveraging Bitcoin’s reliability and security.

There’s plenty of investor appetite for the $HYPER token, the meme coin behind the Bitcoin Hyper Layer-2. Learn how to buy $HYPER and jump into the ongoing presale, where $12.6M+ has already poured into the project.

$HYPER currently costs $0.012825 – with staking rewards at 88% APY. However, our Bitcoin Hyper price prediction shows that it might have the potential to reach $0.32 by the end of 2025.

That would give $HYPER a return of 2,395% – even better than Bitcoin’s 1,400% since 2020.

Visit the Bitcoin Hyper presale for the latest info.

Balancing Optimism with Realism

Bitwise warns that volatility is unlikely to vanish. Models are inherently uncertain, and investors should expect possible drawdowns despite positive trends.

Still, models can be wrong in terms of downward trends as well as upwards. Could Bitcoin Hyper ($HYPER) send Bitcoin higher than anyone – even Bitwise – could possibly expect? Time will tell, making $HYPER an exciting newcomer to watch.

As always, do your own research before making any investment. This isn’t financial advice.