Bitwise Asset Management forecasts indicate that Bitcoin could hit 200,000 USD by the end of 2025 and 1 million USD by 2029. These bold predictions highlight potential growth despite short-term challenges like investor profit-taking and HIGH interest rates affecting the current Bitcoin market.

Despite short-term difficulties, Bitcoin’s long-term fundamentals are strong, backed by increased ETF participation and institutional accumulation. Rising network hashrate and dwindling exchange supply contribute positively to Bitcoin’s outlook. Events like halving are expected to further boost Bitcoin prices, fostering long-term investment interest.