Bitcoin Closes Below Its 50-Day Average at $81,237 on Oct. 28
Photo: TokenPost
Bitcoin (BTC) closed at $81,237 at the Oct. 28 UTC daily close, below its 50-day average but above its 200-day average, a market reading that provides context for Bitwise Asset Management’s 2036 valuation. The 50-day average was $81,886, while the 200-day average was $73,058. The price and both averages refer to the Oct. 28 UTC daily close. Bitwise’s 2036 scenarios set Bitcoin’s value at $130,686 in the bear case, $1,599,766 in the base case and $3,667,911 in the bull case. The corresponding projected annualized returns are 4.6%, 34.3% and 46.0%, calculated from a Sept. 30, 2026, reference price of $83,557.
Source: TokenPost
