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Bitwise Raises Bitcoin Target to $1.6 Million as Institutions Keep Buying

Bitwise Raises Bitcoin Target to $1.6 Million as Institutions Keep Buying
AI summary

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.

Narrative history
1 linked story · 2 outlets · since 28 Oct
  1. 50M AGO
  2. 1H AGO
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    Bitwise Raises Bitcoin Target to $1.6 Million as Institutions Keep Buying
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