Bitwise CIO Matt Hougan has expressed confidence that Bitcoin could reach a price of $1 million per coin by 2035. Hougan describes this as a conservative estimate, given the current $40 trillion value storage market, which is rapidly expanding due to government bond issuance. Currently, Bitcoin holds a 4% share of this market. Hougan suggests that if Bitcoin captures 15% of the market by 2035, it could achieve the $1 million target. This potential for a 20-fold return over ten years is rare in traditional stock or bond markets.