Bitwise Projects $1.6 Million Bitcoin by 2036. Does Gold Hold the Key?

Crypto Insight Summary: Bitwise projects Bitcoin (BTC) will hit $1.6 million by 2036, about 19 times its $83,557 starting price. Most of that value depends on Bitcoin winning a quarter of the store-of-value market it shares with gold. The store-of-value slot supplies about $27.5 trillion of the model’s $33.6 trillion total, roughly 82% of Bitcoin’s projected 2036 value. Crypto Insight Analysis: Direction: Bullish BTC Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Long-term projection based on BTC capturing gold market share.