Bitcoin price prediction: Bitwise projects a base-case BTC price of roughly $1.31M by 2035, a bearish scenario near $88k, and a bull-case close to $2.98M — driven by institutional demand, corporate treasuries, national reserves and remittance use-cases.
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Bitwise three-case forecast: Bear ~$88,005 | Base ~$1,306,740 | Bull ~$2,976,927
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Institutions and corporate treasuries are key adoption vectors cited in the analysis.
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Strategy now holds 632,457 BTC — about 3% of circulating supply; Metaplanet adds 103 BTC.
Meta description: Bitcoin price prediction — Bitwise projects base $1.31M, bull $2.98M and bear $88k by 2035. Read analysis, table, and key takeaways. — COINOTAG
By COINOTAG — Published: 2025-08-26 · Updated: 2025-08-26
Can Bitcoin reach $3 million by 2035?
Bitwise’s Bitcoin price prediction offers three modeled outcomes for 2035: a bear case at about $88,005, a base case near $1,306,740 and a bull case approaching $2,976,927. The firm frames each path by expected institutional adoption, corporate treasury allocation, national reserve uptake and remittance volume.
How does Bitwise build its Bitcoin price forecast?
Bitwise combines market-size estimates across multiple adoption channels to model long-term BTC value. Key inputs include institutional investment assets, store-of-value demand, corporate treasury allocations, national treasury reserves and remittance flows. The model scales addressable market size against Bitcoin’s capped supply to derive scenario prices.
What are the three scenarios and comparative figures?
Bitwise outlines three discrete scenarios that differ by adoption intensity and market penetration. The forecasts represent modeled central outcomes, not guarantees. Below is a concise comparison table for clarity.
| Scenario | 2035 Price (USD) | Primary Drivers |
|---|---|---|
| Bear case | $88,005 | Limited institutional uptake; slower store-of-value adoption |
| Base case | $1,306,740 | Measured institutional adoption; partial corporate & sovereign allocation |
| Bull case | $2,976,927 | Broad institutional, corporate and sovereign adoption; large remittance use |
Why do institutional and treasury holdings matter?
Institutional demand reduces available free float and can compress supply relative to demand, supporting higher prices. Bitwise explicitly models institutional investment assets and corporate treasuries as central adoption vectors. The recent policy shifts expanding retirement plan options — allowing greater allocations to alternative assets — also factor into long-term estimates.
What recent accumulation data supports the thesis?
Large entities continue to accumulate Bitcoin. A firm referred to here as Strategy reported adding 3,081 BTC on a scheduled acquisition, bringing its total to 632,457 BTC, which represents roughly 3% of circulating supply. Separately, Metaplanet added 103 BTC and now holds 18,991 BTC, with additional purchases recorded in July totaling 3,782 BTC. These on-chain and corporate treasury purchases are cited as evidence of sustained institutional buying pressure.
How should investors interpret these predictions?
Treat scenario forecasts as conditional probability models, not certainties. Use the three-case framework to stress-test portfolio allocations: consider risk tolerance, time horizon and liquidity needs. Monitoring institutional filings, treasury announcements and macro regulatory shifts will provide signals that align with or diverge from Bitwise’s modeled paths.
Frequently Asked Questions
Can Bitcoin reach $3 million by 2035 if institutions keep buying?
If institutional and corporate adoption accelerates as modeled, a nearly $3M bull-case outcome is possible under Bitwise’s assumptions; however, this depends on sustained demand and constrained supply dynamics, and is not guaranteed.
How reliable are these three-case projections for investors?
These projections are model-driven scenarios useful for planning. They rely on assumptions about market penetration and macro factors. Investors should combine modeled scenarios with on-chain data and corporate treasury disclosures when assessing reliability.
Key Takeaways
- Three-case framework: Bitwise models bear (~$88k), base (~$1.31M) and bull (~$2.98M) outcomes for 2035.
- Institutional demand matters: Corporate treasuries and large holders materially affect available supply and price pressure.
- Monitor signals: Watch institutional filings, treasury purchases and policy changes to gauge which scenario is unfolding.
Conclusion
Bitwise’s Bitcoin price prediction presents a wide range of outcomes from a bearish $88,005 to a bull-case near $2.98M by 2035, driven primarily by institutional adoption and treasury allocations. Track on-chain accumulation and corporate Treasury activity to evaluate which scenario gains traction; for ongoing coverage, follow updates from COINOTAG.
