Bitwise raises its Bitcoin price prediction to $1.6 million by 2036, citing institutional demand, limited supply, and a growing market.
Bitwise projects bitcoin will compound at 34.3% a year through 2036, about five times the 6.7% forecast for US stocks, and raises its target to $1.6M.
About 82% of its modeled valuation comes from gold-and-Bitcoin demand, exposing a sharp divide with JPMorgan’s return assumptions. Read the full story on CryptoSlateUnderstand the crypto stories...
Bitwise has raised its 2036 Bitcoin price target to $1.6 million, projecting 34.3% annual growth as institutional demand and limited supply support its outlook.
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