# Bitcoin to $1.6 Million: Bitwise Raises Its Long-Term Price Target

- Source: Bitcoin News
- Published: 2026-10-30T02:30:07+00:00
- Category: Markets
- Original: https://news.bitcoin.com/market-updates/bitcoin-to-1-6-million-bitwise-raises-its-long-term-price-target/
- Canonical: https://groundlevelnews.com/story/bitcoin-to-1-6-million-bitwise-raises-its-long-term-price-target-196c5e/

Bitwise raised its long-term bitcoin price forecast to $1.6 million by 2036, increasing its projected annual return despite a volatile year. The outlook rests on institutional adoption, limited supply, and growing demand for protection against currency debasement. Bitcoin’s $1.6 Million Target Implies 34.3% Annual Growth Bitcoin could reach about 19 times its model starting price […]

_Ground Level News shows a short summary only; the full article and all rights belong to Bitcoin News._