Bitwise Raises Bitcoin 2036 Target to $1.6M as BTC Hits $81K

Bitwise Asset Management raised its 10-year base-case price target for Bitcoin from $1.3 million to $1.6 million. The revision, called the '2027 Bitcoin Long-Term Capital Market Assumptions,' cited institutional rotation into the digital asset, expanding BTC markets, and stabilizing market cycles. The report also discussed Bitcoin's volatility, returns, and correlation with other assets.