Bitwise Chief Investment Officer (CIO) Matt Hougan stated in a Tuesday note that the company plans to release a ten-year forecast for Bitcoin's price, with an estimated growth rate of 28.3% annually. Bitwise Asset Management projects that Bitcoin will deliver annualized returns of 28.3% over the next decade, outpacing all major asset classes, Hougan said in a note to investors on Wednesday. The firm also expects Bitcoin's volatility to decline to 32.9% over the same period, although still high compared to traditional assets. The data is an excerpt of Bitwise's upcoming long-term Bitcoin capital markets report, which ... (full story)