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Bullish

CF Benchmarks Bitcoin Price Prediction: BTC as Portfolio Staple Targets $1.4M by 2035

Asset manager CF Benchmarks has released a report positioning Bitcoin (BTC) as a core portfolio holding. The analysis projects a long-term price target of $1.4 million per bitcoin by 2035. The firm argues that Bitcoin's evolving role from a speculative asset to a "portfolio staple" justifies significant future valuation growth. This bullish outlook is based on increased institutional adoption, Bitcoin's fixed supply, and its potential as a hedge against inflation. The report suggests that even a small allocation to Bitcoin in major investment portfolios could drive its price to the projected target, reinforcing its status as digital gold.
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