U.S. asset manager Bitwise forecasts that Bitcoin could reach $1.6 million by 2036, up from $1.3 million in its previous projections. This trajectory assumes a compound annual growth rate of 34.3% over ten years, driven by institutional adoption, more favorable regulation and demand for store-of-value assets such as gold. Institutional investors could allocate between 1% and 5% of their portfolios to Bitcoin, representing potential demand of $1.5 trillion to $7 trillion. Bitwise also anticipates average volatility declining to 27.8% over the decade, while identifying quantum computing advances, mathematical breakthroughs linked to artificial intelligence and tighter regulation as three major risks.
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