Bitwise Raises Its Bitcoin Price Forecast to $1.6 Million 🔹 Crypto asset management firm Bitwise has published its annual Bitcoin Long-Term Capital Market Assumptions report, raising its Bitcoin price forecast from $1.3 million to $1.6 million by 2036. 🔹 In the report, the company estimates Bitcoin's potential compound annual growth rate (CAGR) at 34.3%. It attributes its more optimistic outlook to expanding addressable markets, growing institutional interest, and Bitcoin's limited supply. 🔹 According to Bitwise, Bitcoin could become the best-performing major asset available to institutional investors over the next decade.