Bitcoin.com News reports that Bitwise has increased its long-term price forecast for Bitcoin to $1.6 million by 2036. This projection suggests an annual growth rate of 34.3%. The forecast is based on factors such as institutional adoption, limited supply, and rising demand for Bitcoin as a hedge against currency debasement. Despite recent volatility, Bitwise remains optimistic about Bitcoin's future value.
AI-assisted source briefing. Based on the Bitcoin.com News RSS report; not independently verified.
Source published: Fri, 30 Oct 2026 02:30:07 +0000
[Read the original report](https://news.bitcoin.com/market-updates/bitcoin-to-1-6-million-bitwise-raises-its-long-term-price-target/)
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