Bitwise Sees Bitcoin at $1.6 Million by 2036, but the Forecast Has Big Assumptions

TL;DR: Bitwise Asset Management has raised its long-range Bitcoin price projection to $1.6 million by 2036 in its 2027 capital-market assumptions. The headline will attract attention because it implies a dramatic rise from current levels, but the market should distinguish an investment thesis from a catalyst. Bitwise Asset Management has raised its long-range Bitcoin price projection to $1.6 million by 2036 in its 2027 capital-market assumptions. The firm models annualized growth of 34.3% over the coming decade, based on institutional allocations, demand for scarce assets and constrained new issuance. It says this is an increase from a previous $1.3 million target. A forecast is not a traded price, and those numbers reflect the manager’s own scenario rather than an independently established future outcome.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to NewsBTC.