The Bitwise CIO Says a Million Dollar Bitcoin Is Conservative. Here Is the Math Behind It

Stop asking if the Bitcoin bottom is in. The Bitwise CIO says that is the wrong question entirely. The right question is whether the top is in. If it is not, then Bitcoin at $60K is an incredible value. Matt Hogan walks through the math. The gold market is $30 trillion growing at 13 percent per year for 20 years. In 10 years the store of value market could be $90 trillion. Bitcoin only needs 25 percent of that to hit $1 million per coin. Bitwise's target is $1 million plus by 2035. He also explains why crypto no longer needs retail speculative hype to get there, why Bitcoin and Ethereum are now two completely different asset classes, and which quality assets are showing real traction in this bear market right now. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 Crypto in the ETF era: how Bitcoin changed 1:06 Bitcoin ETFs brought in $60 billion. Why is price sideways? 2:13 The four year cycle and the retail vs institutional tug of war 3:52 Is this a healthy market or a broken one? 4:53 Bitcoin is now a separate asset class from everything else 6:52 Can Bitcoin go to a million dollars? 7:24 The math: gold market $90 trillion by 2035 8:18 Bitwise target: $1 million plus by 2035 is conservative 9:08 Crypto does not need retail hype to get there 10:31 Ethereum: Facebook before it monetized 12:36 What drives crypto next: four year cycle and regulation 13:59 Practical playbook: stop asking about the bottom #Bitcoin #Crypto #MattHogan #Bitwise #tastylive #TradingTrends #BitcoinMillionDollar #Ethereum tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.