✉news BusinessCrypto first seen 1 d ago, last 20 h ago, peak #6
Bitwise projects bitcoin at $1.6 million by 2036
Original: Bitwise raises bitcoin price target to $1.6 million by 2036, projects 34% annualized returns
Asset manager Bitwise has raised its long-term bitcoin price target to $1.6 million by 2036, with the firm projecting annualized returns of around 34% over that period. The forecast is drawing attention among crypto investors as one of the more bullish institutional outlooks on bitcoin, feeding ongoing debate about how high the asset can climb over the next decade.
Why now: Institutional forecasts for bitcoin move sentiment, and a seven-figure decade target is a striking claim in the current market discussion.
Evidence
- Bitwise raises bitcoin price target to $1.6 million by 2036, projects 34% annualized returns · The Block
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