$BTC to $1.6M by 2036? Bitwise just dropped their moonshot thesis.
That's a 34.3% CAGR from Sept 30 baseline. Insane but not impossible if you buy their core bet:
Store-of-value market balloons to $109.8T (up from ~$40T today). That's where 75% of the upside lives.
The math only works if $BTC eats gold's lunch + captures a chunk of bonds, real estate, and fiat reserves as macro uncertainty ramps.
TLDR: This isn't about tech upgrades or ETF inflows. It's about global liquidity fleeing broken systems into hard money.
Bullish or delusional? You decide.
That's a 34.3% CAGR from Sept 30 baseline. Insane but not impossible if you buy their core bet:
Store-of-value market balloons to $109.8T (up from ~$40T today). That's where 75% of the upside lives.
The math only works if $BTC eats gold's lunch + captures a chunk of bonds, real estate, and fiat reserves as macro uncertainty ramps.
TLDR: This isn't about tech upgrades or ETF inflows. It's about global liquidity fleeing broken systems into hard money.
Bullish or delusional? You decide.