Bitwise Projects $1.6 Million Bitcoin by 2036. Does Gold Hold the Key?

Bitwise projects Bitcoin (BTC) will hit $1.6 million by 2036, about 19 times its $83,557 starting price. Most of that value depends on Bitcoin winning a quarter of the store-of-value market it shares with gold. The store-of-value slot supplies about $27.5 trillion of the model’s $33.6 trillion total, roughly 82% of Bitcoin’s projected 2036 value. That leaves the target exposed to one assumption more than any other in the model. What Bitwise Needs Bitcoin to Take From Gold Bitwise builds the target with a total addressable market model. It sizes each market Bitcoin could serve, applies a penetration rate, and divides by the full 21 million supply. The firm expects the combined gold and Bitcoin market to grow from $31.1 trillion to $109.8 trillion by 2036.

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