Bitwise Raises Its Bitcoin Target to $1.6 Million—Here’s When It Might Happen

Cryptocurrency asset management company Bitwise has raised its price forecast for Bitcoin in its comprehensive report on the next decade. In its main scenario, the company predicts that BTC could reach approximately $1.6 million in 2036, adding that much higher levels could be reached if institutional investors accelerate their entry into the market. The report, “2027 Bitcoin Long-Term Capital Market Assumptions,” prepared by a research team including Matt Hougan and Ryan Rasmussen, bases this expectation on three developments: growing institutional demand, strengthening interest in store-of-value assets due to increasing government debt, and Bitcoin's limited supply.

Source: Bitcoin Sistemi