Bitcoin (BTC) has remained relatively steady amid geopolitical tensions. Still, the largest cryptocurrency’s drawdown has caused it to miss various experts’ price forecasts, with many even lowering long-term targets as uncertainty gripped markets last year. Despite this, Bitwise CIO Matt Hougan argues that Bitcoin could reach $1 million per coin, highlighting “conservative assumptions” that could drive the asset to a seven-figure valuation. Store-of-Value Market Expansion Drives Bitcoin Projection In a recent memo, Bitwise CIO Matt Hougan laid out his argument, which uses a dynamic view of the store-of-value market