"Bitcoin Price to Reach ¥200 Million by 2035": CF Benchmarks Bullish Forecast

CF Benchmarks, a provider of cryptocurrency indices, released a report on the 18th evaluating the future of Bitcoin (BTC) using a capital market model. Under the base scenario, it predicts that by 2035, 1BTC will reach $1.42 million (approximately ¥200 million).

This forecast assumes that Bitcoin will capture about one-third of the gold market. Even with a 2-5% allocation in portfolios, Bitcoin is expected to enhance long-term risk-adjusted returns, according to the report.

CF Benchmarks cites clearer regulations, increased adoption by institutional investors, and spot...