Bitcoin price prediction models suggest the leading cryptocurrency could hit $1.42 million by 2035, according to a new report by CF Benchmarks, a Kraken subsidiary. Analysts Gabriel Selby and Mark Pilipczuk developed a probability-weighted model showing Bitcoin could capture 33% of gold’s market cap, with a 30.1% annualized return. Factors include rising institutional participation, lower volatility, and strong diversification benefits. Regulatory clarity and liquidity improvements are also seen as key drivers. In the base case, Bitcoin price could jump 1,500% over a decade, while the optimistic scenario sees $2.95 million by 2035. The bearish outlook projects $637,000. Other bullish forecasts include Cathie Wood’s $1.2 million target for 2030 and Michael Saylor’s $10 million over 20 years. Bitcoin price today is around $87,133, down over 3% from last week.
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