Institutional fund managers are increasingly factoring bitcoin into long-horizon portfolios. Using discounted cash flow (DCF) models adapted from equity valuations, bitcoin price forecast 2045 ranges between $850,000–$1.5 million, assuming 3% annual network growth and moderate inflation environments. This means that if someone were to invest just $100 in Bitcoin right now, that holding would be worth $12,200 in 21 years if the base case holds true. That's an unbelievable return that translates to a 25.7% average yearly gain. Bitwise, the institutional crypto investment firm, said in its end-of-year note in 2023 that it expected Bitcoin to trade above $80,000 and set a new all-time high. If global hash rate and mining difficulty maintain expected growth trends, the bitcoin price forecast 2045 could reach near $1 million per coin. This assumes miners reduce sell pressure in response to halving events, echoing previous bullish commodity supercycles.