Bitwise Boosts 10 Year Bitcoin Price Target To $1.6M

TL;DR Bitwise raised its 2036 Bitcoin price target from $1.3 million to $1.6 million and projects a compound annual return of 34.3%. The asset manager estimates that the global store-of-value market will reach $110 trillion, while institutional investment assets will grow to $303 trillion. Its most optimistic scenario puts Bitcoin at $3.67 million, while the bearish forecast places its price at $130,686. Bitwise raised its 2036 Bitcoin price target from $1.3 million to $1.6 million , according to its annual report on long-term capital market assumptions. The asset manager estimates that BTC could deliver a compound annual return of 34.3% over the next decade. This forecast is substantially higher than the expected returns for other asset classes. Average projections from JPMorgan, PGIM, BlackRock, and Vanguard put annual returns for U.S.

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