Bitwise lifts bitcoin forecast to $1.6 million by 2036
- —Bitwise targets $1.6 million per BTC by 2036 at a 34.3% CAGR
- —Average volatility put at 27.8%, correlation to U.S. stocks at 0.43
- —Institutional allocations seen at 1% to 5% of portfolios
- —Top risks cited: quantum computing, AI advances and regulatory reversal
Why it matters: The forecast sets a benchmark for institutional allocations, though it remains a model assumption rather than a guaranteed return.
Source: Blockchain.News