Bitcoin at $1.6 million by 2036? What is Bitwise betting on?
In its published long-term capital market assumptions, Bitwise sets a Bitcoin target of **$1.6 million by 2036, with an assumed CAGR of 34.3% and average volatility of 27.8%.
But it’s important to understand this correctly: it’s the result of a long-term model, not a price guarantee or a certain forecast.
For that growth to materialize, the investment thesis needs to be supported by several factors: institutional participation, liquidity, and Bitcoin’s increasingly prominent role in investment portfolios.
The more distant the target, the greater the uncertainty. Bitcoin could still go through deep downturns over the long term.
The question worth discussing isn’t just whether Bitcoin can reach $1.6 million, but which assumptions would need to hold true for that scenario to play out.
Do you lean toward the scenario of Bitcoin becoming a long-term macro asset, or do you still see it primarily as a highly speculative asset?
#BinancePick
#bitcoin #crypto #Bitwise
In its published long-term capital market assumptions, Bitwise sets a Bitcoin target of **$1.6 million by 2036, with an assumed CAGR of 34.3% and average volatility of 27.8%.
But it’s important to understand this correctly: it’s the result of a long-term model, not a price guarantee or a certain forecast.
For that growth to materialize, the investment thesis needs to be supported by several factors: institutional participation, liquidity, and Bitcoin’s increasingly prominent role in investment portfolios.
The more distant the target, the greater the uncertainty. Bitcoin could still go through deep downturns over the long term.
The question worth discussing isn’t just whether Bitcoin can reach $1.6 million, but which assumptions would need to hold true for that scenario to play out.
Do you lean toward the scenario of Bitcoin becoming a long-term macro asset, or do you still see it primarily as a highly speculative asset?
#BinancePick
#bitcoin #crypto #Bitwise
