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Bitwise Raises 10-Year Bitcoin Target to $1.6 Million
Original: Bitwise Just Boosted Its 10-Year Bitcoin Price Target to $1.6 Million. That Would Likely Make Bitcoin the Top-Performing Asset of the Next Decade.
Asset manager Bitwise has raised its 10-year Bitcoin price target to $1.6 million per coin, a projection that, if met, would likely make Bitcoin the top-performing asset of the coming decade. The updated forecast, reported by The Motley Fool and Yahoo Finance, is drawing attention as investors weigh institutional forecasts against Bitcoin's volatility and past price predictions.
Why now: A major asset manager issuing an unusually high long-term Bitcoin forecast naturally fuels debate among investors
Evidence
- Bitwise Just Boosted Its 10-Year Bitcoin Price Target to $1.6 Million. That Would Likely Make Bitcoin the Top-Performing Asset of the Next Decade. · Yahoo Finance
- Bitwise Just Boosted Its 10-Year Bitcoin Price Target to $1.6 Million. That Would Likely Make Bitcoin the Top-Performing Asset of the Next Decade. · The Motley Fool
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