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Bitcoin could hit $1.6 million by 2036, Bitwise forecasts

By Lawrence Mondal

Bitwise has raised its long-term Bitcoin price forecast to $1.6 million by 2036, citing institutional demand, limited new supply, and growing demand for assets that can protect against currency debasement. Bitwise Asset Management released its 2027 Bitcoin Long-Term Capital Market…

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Bitcoin

The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.

Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.

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