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Bitwise Sets $1.6 Million Bitcoin Target for 2036
Original: Bitwise Raises Bitcoin Price Target to $1.6M by 2036, Publishes 2027 Bitcoin Long-Term Capital Market Assumptions
Asset manager Bitwise has raised its long-term Bitcoin price target to $1.6 million by 2036 and published its 2027 Bitcoin Long-Term Capital Market Assumptions. The firm's updated outlook lays out its forecasts for Bitcoin's expected returns over the coming decade. The aggressive target has drawn attention across crypto and investment circles as institutions continue weighing Bitcoin allocations.
Why now: Bitwise's sharply higher long-term Bitcoin forecast is fueling debate among investors about institutional bull cases for crypto.
Evidence
- Bitwise Raises Bitcoin Price Target to $1.6M by 2036, Publishes 2027 Bitcoin Long-Term Capital Market Assumptions · Morningstar
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