Bitcoin News Today: Bitcoin's $1.3M 2035 Target: Why Institutional Trust Is Rewriting the Future of Money

Bitcoin (BTC) is increasingly being viewed as a long-term store of value and an institutional-grade asset, with analysts and asset managers offering varying but largely bullish price predictions for the next decade. Bitwise, a leading crypto asset manager, has projected that Bitcoin could reach $1.3 million by 2035, based on a compound annual growth rate of 28.3%. This estimate is grounded in three key drivers: the growing institutional adoption of Bitcoin, its role as a hard-asset hedge against inflation, and its fixed supply, which limits inflationary pressures [1].

The prediction aligns with a broader narrative that Bitcoin is evolving into a mature asset class, supported by improved regulatory clarity and the increasing participation of institutional investors. Bitwise also noted that the traditional four-year Bitcoin market cycle, often referenced by traders, may no longer be relevant, though it warned that investors should still brace for significant volatility and potential drawdowns [1]. Among the risks highlighted were regulatory shifts, political uncertainty, and the relatively limited historical data on Bitcoin’s long-term performance.

Market cycle theory remains influential among analysts, with some drawing parallels between the current Bitcoin cycle and historical bull runs, such as those in 2013 and 2017. Merlijn The Trader, a well-followed analyst, observed that Bitcoin is entering its “three-year growth zone,” a phase historically associated with parabolic price surges. This theory is supported by technical indicators, including a double bottom pattern that suggests a potential rebound after a recent pullback. While some traders caution that a short-term correction could occur, the broader trend remains bullish, with expectations for Bitcoin to test key support levels and eventually resume an upward trajectory [2].

The upcoming Bitcoin halving in 2025 is another potential catalyst for price appreciation. Historically, halving events—where the block reward for miners is cut in half—have coincided with major price rallies by reducing the supply of new Bitcoin entering the market. This scarcity effect, combined with increased demand from institutional investors and a weak U.S. dollar, could further fuel Bitcoin’s upside potential. Analysts are also monitoring whale activity and macroeconomic conditions, with some noting a correlation between Bitcoin’s performance and monetary policy shifts, particularly those related to interest rates [2].

Despite the optimistic outlook, near-term volatility remains a factor. As Federal Reserve Chair Jerome Powell prepares to address the Jackson Hole Economic Policy Symposium, traders are bracing for potential market jitters, particularly if his speech deviates from expectations of aggressive rate cuts. Options markets suggest a ±2.0% price move around the event, with downside volatility being more likely if Powell adopts a balanced tone. Some investors are already hedging their positions by purchasing put options to protect against unexpected market corrections [3].

Longer-term projections remain intact, with many analysts believing that Bitcoin could surpass previous bull market highs and continue its upward trajectory in the years following the 2025 halving. The current market environment—characterized by a convergence of macroeconomic tailwinds, growing institutional interest, and a maturing regulatory landscape—suggests that Bitcoin is on a path to becoming a cornerstone of global financial portfolios. As the market continues to consolidate, traders will closely watch key price levels, ETF developments, and geopolitical factors to gauge the next major phase of Bitcoin’s price action.

Source:

[1] Bitwise CIO Matt Hougan, Coindesk (https://www.coindesk.com/markets/2025/08/22/bitcoin-price-to-hit-usd1-3m-by-2035-says-crypto-asset-manager-bitwise)

[2] Merlijn The Trader, BraveNewCoin (https://bravenewcoin.com/insights/bitcoin-btc-price-prediction-bitcoin-market-cycle-theory-signals-parabolic-gains-ahead-despite-short-term-dip)

[3] Pulkit Goyal, Coindesk (https://www.coindesk.com/markets/2025/08/22/bitcoin-s-jackson-hole-test-how-hard-could-powell-s-address-hit-btc-prices)