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Bitwise lifts 2036 bitcoin price target to about $1.6 million

Bitwise Asset Management raised its 2036 base-case bitcoin price target to $1,599,766 from $1.3 million a year earlier, Bitcoin Magazine reported, citing the firm's 2027 long-term capital market assumptions. Bitwise projects a 34.3% compound annual growth rate from a roughly $83,557 price as of September 30, 2026, with a bear case of $130,686 and a bull case of $3.67 million.

Key facts

2 publishersNew

BTC after this site detected it

  • 5 minutes+0.04%Gate · USDT
  • 1 hour-0.13%Gate · USDT
Source published First received Updated UTC

Claims and open questions

Evidence strength Multiple publishers

2 independent publishers report it (copies of the same text count once); they may still rely on one underlying source. An official source would raise it.

What sources claim

  • Bitwise raised its 2036 base-case bitcoin target to $1,599,766 from $1.3 million, implying a 34.3% compound annual growth rate from about $83,557, Bitcoin Magazine reported.
  • Bitwise's bear case is $130,686 and its bull case is $3.67 million, according to Bitcoin Magazine.
  • Bitwise estimates institutions controlling about $147 trillion could allocate 1% to 5% to bitcoin, or $1.5 trillion to $7.4 trillion of purchases, and says the network issues about $14 billion in new coins per year, Bitcoin Magazine reported.

Still unresolved

  • What assumptions underpin Bitwise's bear and bull scenarios, such as institutional allocation levels or volatility inputs, would require the full report to confirm.
  • How much of the projected institutional demand depends on the Federal Reserve capital proposal easing bank custody rules, which would need an adopted rule to confirm.

Evidence levels describe source coverage, not the probability that a report is true. Price moves and their timing cannot establish a cause; minute samples show an observed interval and alert thresholds are heuristics. Explanations are model-assisted, with citations and figures checked. Source titles stay in their original language; full articles are not republished.

Source evidence

1
Bitcoin MagazineNews publisher
Bitwise Raises Bitcoin Target to $1.6 Million as Institutions Keep Buying ↗

Published Oct 28, 2026, 15:07 · Received Oct 28, 2026, 15:10

2
The BlockNews publisher
Bitwise raises bitcoin price target to $1.6 million by 2036, projects 34% annualized returns ↗

Published Oct 28, 2026, 16:07 · Received Oct 28, 2026, 16:08

Market reaction after detection

Measured from the sample nearest site detection, on the same source and quote currency.

Observed returns after site detection
WindowReturnActual sampled interval / source
5 minutes+0.04%Oct 28, 2026, 15:10 → Oct 28, 2026, 15:15 (UTC)
Gate · USDT
1 hour-0.13%Oct 28, 2026, 15:10 → Oct 28, 2026, 16:10 (UTC)
Gate · USDT

Timing does not establish causation. Methods and limitations →

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