Staying up for the FOMC in the middle of the night—the instant noodles I made have gone soggy, and the market is still sluggishly hovering just above $80K.
Then I saw Bitwise raise its long-term BTC target from $1.3 million to $1.6 million, with a target date of 2036.
Their forecast assumes an annualized return of 34.3% over the next decade. The reasoning is that if institutions allocate 1%–5% of their $147 trillion in assets to BTC, that would mean $1.5–7 trillion in demand.
They also pointed out that this cycle’s 50% drop from October 2025 to June 2026 has been much gentler than previous bear markets, which often saw declines of 77% or more.
I spent ages punching numbers into my calculator. The takeaway: I can’t handle what might happen ten years from now—I just need to make it through Warsh’s press conference at 2 a.m. tonight 😂
The long-term story sounds reassuring, but in the short term, it’s still about what the signals are tonight on whether they’ll raise rates.
Let’s see how things unfold. Don’t let the position go to your head.
$BTC #Bitwise #FOMC
Then I saw Bitwise raise its long-term BTC target from $1.3 million to $1.6 million, with a target date of 2036.
Their forecast assumes an annualized return of 34.3% over the next decade. The reasoning is that if institutions allocate 1%–5% of their $147 trillion in assets to BTC, that would mean $1.5–7 trillion in demand.
They also pointed out that this cycle’s 50% drop from October 2025 to June 2026 has been much gentler than previous bear markets, which often saw declines of 77% or more.
I spent ages punching numbers into my calculator. The takeaway: I can’t handle what might happen ten years from now—I just need to make it through Warsh’s press conference at 2 a.m. tonight 😂
The long-term story sounds reassuring, but in the short term, it’s still about what the signals are tonight on whether they’ll raise rates.
Let’s see how things unfold. Don’t let the position go to your head.
$BTC #Bitwise #FOMC
