Bitcoin’s $1 Million-Dollar Path Starts In 2026, Bitwise Says
Bitwise is laying out a bold scenario: Bitcoin Reports note a steady fall in Bitcoin’s wild swings over the past decade. In 2025, Bitcoin’s volatility was lower than some major tech stocks, a change that surprises many long-time observers. This makes the asset easier to hold for institutional managers who need predictable risk profiles. At the same time, ties to US equities appear to be loosening. A lower correlation would let Bitcoin serve as a distinct allocation in a diversified portfolio, rather than just another proxy for broader market mood.Volatility Has Quieted
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Near-Term Pain, Longer-Term Case?
Bitcoin hit lows under $80,000 recently, trading near $75,000 at one point. Those moves wiped about 10% off value in a week and left the coin roughly 35% below the October 6, 2025 peak of $126,085.
Short-term stress is real. Some capital left the market in sharp selloffs, and sentiment cooled. Yet Bitwise thinks these shocks could be less defining going forward, because buying via ETFs and brokerages does not always behave like retail-driven swings.
The vision of Bitcoin reaching $1 million may seem distant, but Rasmussen sees it as a realistic outcome if current trends continue.
Rising institutional demand and broader market access could make 2026 a turning point, setting the stage for a decade where Bitcoin is no longer just a speculative asset, but a serious contender for long-term wealth growth.
Featured image from Unsplash, chart from TradingView
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