Bitwise Raises Long-Term Bitcoin Price Target to $1.6 Million
Key Highlights: Bitwise Asset Management projects Bitcoin could reach between $130,686 and $3,667,911 by 2036, establishing a base-case target of $1,599,766 based on a September 30, 2026, reference price of $83,557. Institutional adoption remains central to the forecast, with projected allocations of 1% to 5% implying between $1.5 trillion and $7.4 trillion in institutional purchases ...