Bitwise Raises Bitcoin Target to $1.6 Million as Institutions Keep Buying
Bitwise lifted its 2036 bitcoin price target to $1.6 million, implying 34.3% annual growth. The firm credits institutional demand and bitcoin's fixed supply for the projection. Traders may read the raised target as a confidence signal for long-term BTC allocation, though it is a forecast rather than a market event.
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50M AGOThe Block · Score 35 · via $1.6M, bitcoin target
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1H AGOYou’re reading thisBitwise Raises Bitcoin Target to $1.6 Million as Institutions Keep BuyingBitcoin Magazine · Score 45