Insights into Bitcoin’s Future Post-Halving: Expert Predictions for 2028

As Bitcoin miners adapt to reduced rewards post-halving, experts like Bitwise’s Chief Investment Officer, Matt Hougan, offer insights into the future of the cryptocurrency. With the next halving projected for 2028, Hougan has outlined five key predictions that shed light on Bitcoin’s trajectory.

One of the key predictions made by Hougan is the anticipation of a 50% reduction in Bitcoin’s volatility. This decrease is attributed to the entry of institutional investors via ETFs, which are expected to bring more stability to the market by rebalancing portfolios and making steady investments. Hougan notes that these new types of investors, such as financial advisors and institutions, will act differently than the retail investors who have dominated Bitcoin thus far.

Furthermore, expectations suggest that Bitcoin allocations in target-date portfolios could reach 5% or more, leading to increased portfolio allocations in the cryptocurrency. Hougan predicts that the growing acceptance of Bitcoin will make it normal to have 5% or more of a portfolio invested in the digital asset.

In terms of ETF flows, Hougan predicts that Bitcoin ETFs could surpass $200 billion in the near future. He highlights that Bitcoin ETFs have already pulled in significant net flows since launching, making them the fastest-growing new ETF category of all time. With more investors discovering ETFs and financial institutions joining the trend, substantial long-term demand is expected.

Hougan also speculates that central banks may start embracing Bitcoin by allocating reserves to the cryptocurrency. This shift could be driven by Bitcoin’s properties as non-debt money and its utility in a geopolitically tense world, making it a hedge against geopolitical risks.

Lastly, Hougan predicts that the price of Bitcoin could surpass $250,000 by 2028, driven by growing mainstream acceptance and institutional backing. He believes that as more institutions and investors embrace Bitcoin, the asset will continue to move further into the mainstream.

Industry experts echo Hougan’s sentiments, with Pav Hundal predicting a 100% price increase and Henrik Andersson envisioning prices reaching $200,000 before 2028. This bullish outlook is supported by ongoing institutional interest and growing market presence.

As Bitcoin miners navigate reduced rewards and prepare for the next halving, these predictions offer valuable insights into Bitcoin’s future trajectory. With institutional interest on the rise and Bitcoin’s role evolving, the next halving could mark a significant milestone in Bitcoin’s journey toward mainstream acceptance and adoption.