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Bitwise Raises Its Bitcoin Price Target to $1.6 Million by 2036

(2 hours ago) · 1 source · Summarized by CryptoBipto

Bitwise, a crypto-focused asset manager, has published an updated forecast projecting that Bitcoin could reach $1.6 million by 2036. The firm estimates this would represent annualized returns of roughly 34 percent over the projection period.

WHY IT MATTERS

When a company like Bitwise publishes a price target, it is essentially sharing its educated guess about where the price of Bitcoin might go over a long period.

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SOURCES

  • theblock.co

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