Bitwise just bumped their 10 year Bitcoin price target all the way up to 1.6 million by 2036 even after the coin suffered a brutal stretch of falling prices and shaky macro vibes fr.
Peeking At The Long Game 🕸️
In their fresh Long Term Capital Market Assumptions report the team at Bitwise stuck with last years model but fed in the newest market data and somehow got more bullish instead of dialing it back.
Bitcoin slid over 50 percent from October 2025 into June 2026 touching lows below 59,000 yet that only made them raise the compound annual growth rate from 28.3 percent to 34.3 percent lol.
Hougan admitted he feared the numbers might drag the forecast down to 1 million or less amid stubborn inflation rising rates Middle East tensions and AI bubble worries but the math told a brighter tale ₿.
The boost comes from bigger addressable markets plus Bitcoins growing slice of them with the store of value pool now pegged at 110 trillion and institutional money at 303 trillion 🖤.
Bitcoin Growing Closer To Gold ✨
Platforms like Wells Fargo and Merrill Lynch are leaning into Bitcoin while central banks edge nearer and volatility keeps cooling down 🦇.
They kept the same market share assumptions tho and noted gold still pulls most store of value flows plus the recent dip showed sharp downside risks again 🌙.
Even so Bitcoins gold correlation has risen its drawdown stayed shallower than past cycles and institutions kept buying through the chaos 🔮.
Bitcoins slice of store of value has already climbed past 5 percent from under 1 percent a decade ago 💀.
Just another echo from the void by iconofsin.eth 💖
