Bitcoin Poised to Rise to $1.4 Million by 2035, Analysts Say—Or Much Higher
A new model from CF Benchmarks projects Bitcoin could reach $1.42 million per coin by 2035, representing over a 1,500% increase from current levels. The model assumes Bitcoin attains 33% of gold’s market capitalization, yielding an estimated 30.1% annualized return. Improved regulatory clarity, increased institutional adoption, and deeper liquidity are expected to drive investability and reduce volatility. The bull case envisions Bitcoin reaching $2.95 million per coin, becoming the dominant global store of value through broad institutional and sovereign adoption. The bear case forecasts $637,000 per coin, or 16% of gold’s market cap. Other prominent industry figures have made similar projections: Cathie Wood forecasts $1.2 million per BTC by 2030, Michael Saylor sees $1 million in 4–8 years, and Coinbase CEO Brian Armstrong suggests multi-million dollar prices are possible. As of now, Bitcoin trades at roughly $87,133, well below its all-time high of $126,080 and far from the seven-figure forecasts.
