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Bitwise Raises Bitcoin Price Target to $1.6M by 2036

Bitwise Asset Management has significantly increased its long-term Bitcoin price projection to $1.6 million by 2036.

Bitwise Asset Management has significantly increased its long-term Bitcoin price projection to $1.6 million by 2036. Bitcoin (BTC) is trading at ₹77,56,747 ($81,479.00), up 0.6% since this brief published. This is an original Token Times brief synthesising 2 outlets (Crypto Economy, Bitcoin Sistemi), with their figures cross-checked, plus live market data, as of Wed, 28 Oct 2026 20:00:02 UTC.

Why it matters

The revised projection reflects growing confidence in Bitcoin's potential to capture a larger share of the global store-of-value market, with significant implications for institutional investment strategies and crypto market dynamics.

Covered by 2 outlets over about 1.6 h — Token Times synthesises them all into one brief
  1. Crypto Economy
    Bitwise Boosts 10 Year Bitcoin Price Target To $1.6M ↗
  2. Bitcoin Sistemi
    Bitwise Raises Its Bitcoin Target to $1.6 Million—Here's When It Might Happen ↗
Key takeaways
  • Bitwise projects Bitcoin reaching $1.6M by 2036 with 34.3% annual returns.
  • Global store-of-value market could reach $110T by 2036.
  • Optimistic scenario forecasts Bitcoin at $3.67M by 2036.
  • Institutional investment assets projected to grow to $303T.
What the reporting agrees on

Crypto Economy and Bitcoin Sistemi both report that Bitwise has raised its 2036 Bitcoin price target to $1.6 million, up from $1.3 million previously, with a projected compound annual return of 34.3%. Both outlets also agree on the $110 trillion estimate for the global store-of-value market and the $303 trillion projection for institutional investment assets. However, only Bitcoin Sistemi mentions the $3.67 million optimistic scenario for Bitcoin's price by 2036.

Bitwise Asset Management has significantly revised its long-term Bitcoin price target, raising it from $1.3 million to $1.6 million by 2036. This new projection is based on an expected compound annual return of 34.3% over the period.

The asset manager's analysis suggests that Bitcoin will capture a substantial portion of the global store-of-value market, which Bitwise estimates could reach $110 trillion by 2036. This projection is part of a broader expectation that institutional investment assets will grow to $303 trillion during the same timeframe.

The revised forecast comes amidst a growing recognition of Bitcoin's potential as a store of value, particularly as traditional financial systems face increasing uncertainty. Bitwise's analysis indicates that Bitcoin's unique properties make it an attractive option for long-term investment.

The updated projections are supported by a detailed analysis of market trends and Bitcoin's historical performance. Bitwise's most optimistic scenario even projects Bitcoin reaching $3.67 million by 2036, underscoring the wide range of potential outcomes.

As of now, Bitcoin is trading at $80,982 with a 24-hour increase of 0.46%, while the overall crypto market remains relatively flat. The Fear & Greed index stands at 51, indicating a neutral market sentiment.

Market reaction since this brief Live

Since this brief published about 3 hours ago, Bitcoin (BTC) has moved from ₹77,09,432.55$80,982.00 to ₹77,56,746.62$81,479.00 — +0.61%.

$80,912$81,071$81,231$81,390$81,549 published · $80,982 now · $81,479 (+0.61%) Oct 28 16:52 UTC Oct 28 20:00 UTC
BeforeSince publishPublished · ₹77,09,432.55$80,982.00

The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

Prediction-market odds snapshot

Will Bitcoin dip to $77,500 in October?

Yes 13%

Crowd-implied probability on Polymarket, ₹11.63M 24h volume, resolves Nov 1 — snapshotted when this brief published (Oct 28 19:05 UTC). A market price reflects what traders collectively expect; it is not a forecast by Token Times and will have moved since. View the market ↗

What this means in rupee

At today's peer-to-peer rate, 1 BTC ≈ ₹8.48M (about $81,479.00), up 1.0% over 24 hours. The rupee itself trades about 9.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#1
₹77,56,746.62$81,479.00 ▲ 0.96%
+0.61% since this brief published
7d -4.32%MCap ₹155.95TFull BTC data →
The market when this published · October 28, 2026
Total market cap₹264.77T
Bitcoin 24h+0.46%
Ethereum 24h+0.43%
BTC dominance58.5%
Fear & Greed51 · Neutral
Cross-source data check

1 key figure independently matched across 2 outlets reporting this story.

$1.6M2× corroboratedCrypto Economy, Bitcoin Sistemi

Token Times extracts the figures each outlet reports and flags the ones that agree. Numbers cited by only one outlet are attributed in the brief, not shown as corroborated.

Bitwise Raises Bitcoin Price Target to $1.6M by 2036 — questions & answers

What is Bitwise's new Bitcoin price target?

Bitwise has raised its 2036 Bitcoin price target to $1.6 million.

What is the projected compound annual return for Bitcoin?

Bitwise projects a compound annual return of 34.3% for Bitcoin.

How much does Bitwise estimate the global store-of-value market will be by 2036?

Bitwise estimates the global store-of-value market will reach $110 trillion by 2036.

How much is 1 Bitcoin worth in rupee today?

About ₹8.48M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $81,479.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.

Has Bitcoin's price moved since this brief was published?

BTC is up 0.61% since this brief first published — trading at ₹77,56,747 ($81,479.00) now versus ₹77,09,433 ($80,982.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto Economy, Bitcoin Sistemi, with the key figures cross-checked for agreement across them. It is not a copy of any one article — follow the source links above for the original reporting.

In this storyBitwise Company
Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 28, 2026 ⛓ Timestamped at Bitcoin block #973,587 sha256:194c233b490ab6c8
Corroborated across 2 outlets, reported over about 1.6 h — this is an original Token Times summary with live market data, not the original article.Crypto Economy · Oct 28 16:52 ↗Bitcoin Sistemi · Oct 28 18:26 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.