Bitwise: Raises Bitcoin 2036 price target to $1.6 million

In its latest report released on October 28, Bitwise raised Bitcoin’s long-term price target from $1.3 million by 2035 to $1.6 million by 2036—a compound annual growth rate of approximately 34.3%. This revision reflects sustained institutional demand, Bitcoin’s inelastic supply, and widespread market concerns over fiat currency depreciation.