So I came across an interesting take from Bitwise on where bitcoin price could be heading by 2035, and it's pretty bullish. They're looking at a potential move to around $1.3M per coin over the next decade or so. That's quite a statement when you think about where we are now.

What's worth considering here is the timeframe. We're talking about a roughly 9-year window, which means we'd need to see some pretty significant adoption and macro shifts for bitcoin price to actually reach that level. The crypto asset managers at Bitwise are clearly betting on continued institutional adoption, potential inflation dynamics, and BTC becoming more embedded in the financial system.

If you break down the math, we're looking at roughly 10-15x growth from current levels over that period. That's not impossible given bitcoin's historical volatility and the fact that we've seen similar magnitude moves before, but it definitely requires the right market conditions and regulatory environment.

What I find interesting is that this prediction aligns with the broader narrative around bitcoin as a long-term store of value rather than a short-term trade. By 2035, we could be in a completely different macroeconomic environment - potentially higher inflation, more currency debasement, and bitcoin price potentially reflecting that reality.

The way I see it, whether bitcoin price hits $1.3M by 2035 or not, the fact that serious institutional players are making these kinds of long-term calls shows there's real conviction in the space. It's definitely something worth keeping on your radar if you're thinking about your portfolio allocation for the next decade.