Price Prediction
Bitwise Raises Bitcoin Price Target to $1.6 million by 2036
Asset manager Bitwise has raised its price target for Bitcoin to $1.6 million by 2036, implying a 34.3% compound annual growth rate. The update, authored by Chief Investment Officer Matt Hougan and Head of Research Ryan Rasmussen, projects Bitcoin to capture 25% of the store-of-value market and become the best-performing institutional asset over the next decade.