Bitwise: Bitcoin Base Case at $1.6M by 2036
Bitwise projects a Bitcoin base case of $1.6 million per BTC by 2036 at a 34.3% annual growth rate, with bear and bull scenarios at $130K and $3.67M respectively, per analyst @simplykashif.
SourceAnalysis
Bitwise sets Bitcoin's base case at $1.6 million per BTC by 2036, implying 34.3% compounded annual growth from current levels, with a bear case of $130K and bull case of $3.67M.
Bitcoin trades at $79950.18 on the 4-hour chart inside a bearish structure below both the EMA50 at $81015.47 and EMA200 at $81694.15. The MACD registers a golden cross at -80.62 while RSI sits neutral at 42.78, and price remains contained between the Bollinger upper band at $81670.3 and lower band at $79264.46. With price testing the upper Bollinger resistance while the longer-term EMAs cap upside, a healthy retracement toward the 50-EMA support at $81015.47 appears probable before any sustained continuation higher.
Kashif Raza
@simplykashifThis personal account shares perspectives on technology startups and digital innovation, with content spanning AI advancements, software development trends, and entrepreneurial strategies for building tech-focused businesses.