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Bitcoin’s Road To $1 Million: Expect A ‘Dip Then Rip,’ Bitwise CIO Says

  • Bitwise CIO predicts Bitcoin has a chance to hit $1 million by 2029 despite recent performance.
  • Bitcoin's response to economic uncertainty is not always as a crisis hedge but sometimes moves in sync with the broader stock market.
  • Holding onto crypto investment advised due to potential 'dip then rip' trend.
  • Bitwise's long-term forecast supports up to $1.1 million per coin based on Discounted Cashflow Analysis.

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