Key Takeaways
- • Bitwise Asset Management projects Bitcoin could reach $1.6 million by 2036, implying an annual growth rate of 34.3% over the next decade.
- • The forecast assumes average volatility of 27.8% and a correlation of 0.43 with U.S. stocks.
- • Bitwise expects Bitcoin to be the best-performing major institutional asset over the period, with drawdowns decreasing over time.
- • Cited risks include advances in quantum computing, AI in mathematics, and potential regulatory changes.
Summary
Bitwise Asset Management has projected that Bitcoin's price could reach $1.6 million by 2036, according to a forecast reported by Pluang. The projection implies an annual growth rate of 34.3% over the next decade.
The model rests on several stated assumptions. Average volatility is assumed to be 27.8%, and the correlation between Bitcoin and U.S. equities is assumed to be moderate at 0.43. Under these assumptions, Bitwise expects Bitcoin to be the best-performing major institutional asset during the period, with drawdowns becoming smaller over time.
The article identifies several risks to the outlook, including advances in quantum computing, the application of AI in mathematics, and potential changes in regulation. These factors could alter the volatility, correlation, and return assumptions underpinning the forecast.
The article also includes market context from Pluang's cryptocurrency platform. Of 50 major cryptocurrencies priced on the platform, 35 rose and 14 fell on the day, with BAT down 5.49%, LTC up 3.40%, and BCH down 2.23%, as of 01:22 WIB on October 29, 2026. These short-term moves are not directly tied to the long-term forecast.
The model rests on several stated assumptions. Average volatility is assumed to be 27.8%, and the correlation between Bitcoin and U.S. equities is assumed to be moderate at 0.43. Under these assumptions, Bitwise expects Bitcoin to be the best-performing major institutional asset during the period, with drawdowns becoming smaller over time.
The article identifies several risks to the outlook, including advances in quantum computing, the application of AI in mathematics, and potential changes in regulation. These factors could alter the volatility, correlation, and return assumptions underpinning the forecast.
The article also includes market context from Pluang's cryptocurrency platform. Of 50 major cryptocurrencies priced on the platform, 35 rose and 14 fell on the day, with BAT down 5.49%, LTC up 3.40%, and BCH down 2.23%, as of 01:22 WIB on October 29, 2026. These short-term moves are not directly tied to the long-term forecast.
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