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Bitwise projects Bitcoin could hit $1.6M by 2036, driven by capturing 25% of global value reserves.

Analyst Insights
29 Oct 2026, 10:35 WIB
Cointribune
View Source
Bullish
Bitwise projects Bitcoin could hit $1.6M by 2036, driven by capturing 25% of global value reserves.

Bitwise forecasts Bitcoin reaching $1.6 million by 2036, with an annualized return of 34.3%, based mainly on Bitcoin capturing 25% of the global value reserve market, especially from gold. Institutional investment alone, estimated at 1% allocation, would not be enough to reach this target. The projection assumes a maturing market with lower volatility but highlights risks like regulation and technology advances. A bearish scenario sees Bitcoin at $130,686 if adoption and institutional interest remain low, showing the forecast hinges on widespread adoption rather than guaranteed growth.

Bitwise's Bitcoin price target is the subject, with Pluang market data providing context. As of Oct 29, 2026 14:02 WIB, only 7 of 50 major cryptocurrencies rose, while 42 fell. Among notable movers, GRT traded at Rp393 with a 1-day change of -4.55%, VET at Rp111 with -4.49%, and COTI at Rp184 with -4.40%.

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