Bitcoin price forecast 2029 by major hedge funds anticipates a

Bitcoin price forecast 2029 by major hedge funds anticipates a rally toward $150K, citing digital asset migration from altcoins to BTC as a dominance driver. The software company's long-term convertible debt strategy means it has time to benefit from bitcoin upside with limited liquidation risk to the crypto on its balance sheet, the report said. 9. Competition: The presence of other crypto tokens and digital assets can affect Bitcoin’s market dominance and, consequently, its price. Miner revenue trendlines validate Bitcoin price forecast 2029 of $127K–$145K, assuming transaction fee structures evolve with protocol updates.