Bitwise raised its base-case bitcoin price forecast from $1.3 million by 2035 to $1,599,766 by 2036. The new figure is a projection, not a measured result, and implies 34.3% annual growth from its Sept. 30, 2026, reference price of $83,557.
The forecast assumes bitcoin captures 25% of a gold-and-bitcoin market projected to reach $109.8 trillion by 2036, plus 1% of a projected $303.5 trillion institutional investment market. Bitwise’s bear and bull scenarios put the 2036 price at $130,686 and $3,667,911, respectively. The firm warned that technological threats, including future quantum-security risks, and regulatory reversals could undermine its projections.
