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Bitwise Raises Its 2036 Bitcoin Price Target to $1.6 Million
(3 hours ago) · 1 source · Summarized by CryptoBipto
Bitwise, a crypto asset management firm, has increased its long-term Bitcoin price target for 2036 to $1.6 million. The revised forecast comes during a period of significant market downturn. The projection represents Bitwise's internal modeling and is not a guarantee of future performance.
WHY IT MATTERS
A price target is essentially a prediction by a company or analyst about where they think the price of an asset will be at some point in the future.
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SOURCES
- cryptopotato.com
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