🚀 Bitcoin’s Long-Term Vision: $1.8 Million Within Reach
Despite recent corrections and fading short-term investor enthusiasm, Bitcoin is still positioned for massive long-term growth. Joe Burnett, Director of Market Research at Unchained, believes the flagship cryptocurrency could surpass $1.8 million by 2035.
🎙 Joe Burnett: Two Models, One Bullish Future
During an appearance on Cointelegraph’s Chainreaction live stream, Burnett discussed two leading price models for Bitcoin’s future. The first, dubbed the “parallel thesis,” anticipates a valuation of $1.8 million within the next decade. The second, championed by Michael Saylor, forecasts Bitcoin reaching $2.1 million by 2035.
“These are strong baseline scenarios,” Burnett explained. “Depending on how macroeconomic conditions unfold, we may even exceed them.”
🏆 Bitcoin vs. Gold: A Race for the $21 Trillion Market Cap
Burnett argues that Bitcoin could eventually match or outperform gold, which currently sits at a $21 trillion market cap. He compared the digital asset’s trajectory to the automotive industry overtaking the horse and buggy.
“Bitcoin’s technological superiority could allow it to eclipse gold in value,” he said, adding that adoption and scarcity will drive demand over the next decade.
🌍 Trade Wars Cast a Shadow, But Momentum Remains
Global markets have been uneasy since the Trump administration introduced aggressive tariff policies. These trade tensions have dampened risk appetite across both equities and crypto assets.
Still, crypto analysts remain focused on long-term fundamentals. Despite short-term volatility, Bitcoin’s underlying narrative remains intact.
📉 Market Volatility: An Opportunity for Strong Hands
Burnett pointed out that Bitcoin’s volatility is maturing. While steep drawdowns—up to 80%—are still possible, these corrections create prime accumulation zones for committed investors.
“The bear markets transfer coins to the most convicted holders,” he explained. “It’s in those moments that long-term strength builds.”
đź“Š Other Forecasts: Quantitative Easing and a $250K Bitcoin
Adding to the bullish chorus, Arthur Hayes, co-founder of BitMEX and CIO at Maelstrom, believes Bitcoin could climb to $250,000 by the end of 2025—especially if the Federal Reserve returns to a quantitative easing policy.
đź’Ľ Investors Still Cautious Amid Uncertainty
However, not everyone is jumping in just yet. Enmanuel Cardozo, a market analyst at Brickken, noted that many investors are still rebalancing their portfolios and seeking safer assets, such as gold or stable fiat currencies.
“With ETF outflows and macro uncertainty, many prefer to wait for clearer signals before increasing exposure to crypto,” he said.
đź”® Final Outlook: Bitcoin’s Story Is Far from Over
Even with short-term market headwinds, the long-term case for Bitcoin remains strong. As global adoption continues and macroeconomic conditions evolve, investors and analysts alike are keeping their eyes on the $1.8 million milestone—and beyond.
