Generally you don't want to be anywhere NEAR 3500 unless you're a contracted Twitch Partner.
Some partners DO risk higher bitrates (a Twitch Staffer said that 6mbps is the 'borderline DoS' point for a potential ban), but for a non-partner it will make your stream almost un-watchable to any viewers, as they'll be stuck constantly buffering.
No, 3500 is just barely enough for decently-watchable 1080p@30fps video on the Veryfast encoder preset.
Again, the 'sweet spot' for non-partners is 2000kbps, 720p, 30fps. Bumping your rate to try to run 1080p as a non-partner will just lose you potential viewers.