Bitwise’s Bull Case Puts Bitcoin at $3.67M by 2036
Bitwise models Bitcoin at $1.6 million in its 2036 base case and $3.67 million in its bull case, with adoption assumptions and significant risks.
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Galaxy says Bitcoin’s bear market ended in June, citing its October 22 research, while a failed recovery above the 50-week average could challenge the call.
CryptoQuant contributors find renewed accumulation among 1,000–10,000 BTC holders, while weak US spot demand keeps a sustained recovery uncertain.
XWIN Japan’s analysis shared by CryptoQuant finds uneven Bitcoin demand and accumulation, with the largest holder cohort reducing its net balance.
Glassnode says Bitcoin’s on-chain capital indicators strengthened despite a weekly price decline and $701.6 million in US spot ETF outflows.
Bitcoin climbed to about $84,072 on Coinbase as Ether regained $2,500 and Solana traded above $110, extending the recovery from last week’s sell-off.
Bitcoin recovered to about $82,683 after Trump ruled out Iran strikes before the midterms, while Ether remained below $2,500 and major altcoins lagged.
Bitcoin recovered to about $81,545 after breaking below $81,000, while Ether stayed under $2,500 and 24-hour crypto liquidations topped $1.1 billion.
Bitcoin marks a year since its October 2025 peak, with the price still about a third below the record despite October’s strong historical returns.
Bitcoin gained in 10 of the 13 completed Octobers since 2013, reviving seasonal optimism as ETF demand and the Federal Reserve shape this year’s outlook.
US spot Bitcoin ETFs attracted $6.19 billion across August and September, with October opening positive as investors reassess the cycle outlook.
Bitcoin came within $4 of $87,000 on Coinbase before retreating on Monday, following Friday’s climb above the level and late-session sell-off.
VanEck’s Matthew Sigel sees a path to $500,000 Bitcoin by capturing part of gold’s monetary role, while highlighting quantum risks and miners’ AI opportunity.