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Bitcoin still on track for $1.8M in 2035, says analyst

Bitcoin could reach $1.8 million by 2035, according to analyst Joe Burnett from Unchained. Despite recent corrections and global trade uncertainties, Burnett believes BTC remains in a long-term bullish cycle, with the potential to surpass gold’s market capitalization, estimated at $21 trillion. Another optimistic model, proposed by Michael Saylor, forecasts a price of $2.1 million within the same timeframe. In the short term, investors remain cautious due to trade tensions and outflows from BTC ETFs. However, decreasing volatility and the redistribution of coins to “strong hands” during bear markets strengthen Bitcoin’s position as a mature asset and a long-term store of value. Show Less

https://cointelegraph.com/news/bitcoin-to-1-8-m-2035-trump-trade-war-analyst
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