Bitcoin remains monitoring to overcome $ 1.8 million by 2035 despite recent price corrections and avoiding investor appetite as a result of continued trade intensity, according to Joe Burnett, market research director in Unchained.
Speaks during cointelegraph Chainreaction Live show at X, Burnett said Bitcoin is in a long-term bullish rotation and can potentially rival or surpass the $ 21 trillion gold market over the next decade.
Notwithstanding tariff uncertainty Limiting appetite for investors, research analysts remain optimistic about Bitcoin (Btc) Long -term prospects for the next decade.
“When I think about where Bitcoin is in 10 years, there are two models I admire,” Burnett said. “One is the concomitant model, which suggests that Bitcoin was about $ 1.8 million in 2035.” “The rest is Michael Saylor’s Bitcoin 24 model, suggesting that Bitcoin is $ 2.1 million by 2035.”
Burnett emphasized that the two are “great base cases,” adding that bitcoin trajectory may exceed these predictions depending on the broader macroeconomic factors.
🎙 Did Bitcoin really hit the $ 10m of Q1 2035? Probably.
But first, we need to solve the spontaneous web of markets this week, and for the same discussions, @rkbaggs and @gazza_jenks is now accompanied by Joe Burnett (@Iiicapital) to #Chainraaction ! Show! https://t.co/hfyewgucsh
– Cointelegraph (@cointelegraph) April 11, 2025
Related: Bitcoin prices can hit $ 250k in 2025 If Fed moves to QE: Arthur Hayes
Bitcoin’s outlook remains long -term bullish
“The vehicle industry is significantly more important than the horse’s industry and a lot of bugs,” Burnett said, adding that the more advanced technological characteristics of Bitcoin will make the $ 21 trillion gold capitalization of gold. He added:
“The gold market is estimated to be a $ 21 trillion market. If Bitcoin hit only $ 21 trillion and had a similarity of Bitcoin-gold, Bitcoin would be $ 1 million per coin today.”
Due to the inauguration of US President Donald Trump on Jan 20th. At times after the office, Trump threatened to impose dismantling of import tariffs aimed at reducing the country’s trade shortage, weighing the sentiment of danger to both equality and crypto.
While Bitcoin’s role as a safe possession may return amid ongoing trade war concerns, physical gold and tokenized gold remains currently the winner.
Top tokenized gold ownership, trading volume. Source: coingecko, cex.io
Tariff fear leads Tokenized gold trading Volume in advance of a two-year-old this week, led to $ 1 billion for the first time since the US banking crisis in 2023, Cointelegraph reported on April 10.
Related: The 24/7 Liquidity of Bitcoin: Double-Edged Sword during the global market disturbance
Strong hands hold on drawdowns
Bitcoin’s volatility is falling into both the bear and bull markets, which signed the growing maturity as an asset class.
While another 80% drawdown in future bear markets is still possible, it acts as a steady extraction period for the “strongest” holders, Burnett said, added:
“Highs bring (Bitcoin) attention, and the deep, dark bear markets move the coins into the hands of the strongest, most conscious holder, as quickly as possible.”
Arthur Hayes, co-founder of Bitmex and Chief Investment Officer in Maelstrom, Bitcoin predicted can climb to $ 250,000 at the end of 2025 if the US Federal Reserve formally enters.
Sa kabila ng mga optimistikong hula, ang mga namumuhunan ay nananatiling maingat at patuloy na “muling pagbalanse ng kanilang mga portfolio” ngunit hindi malamang na kumuha ng mga makabuluhang posisyon sa susunod na 90 araw bago ang mga merkado ay nakakakuha ng higit na kalinawan sa mga negosasyong taripa ng taripa, si Enmanuel Cardozo, market analyst sa real-world asset tokenization platform na Brickken, sinabi sa Cointelegraph.
“With the money flowing out of Bitcoin ETFs, investors are looking for safer spots to hold their cash now, including strong currencies. A traditional gold vehicle in these cases and a go-to when markets are unsure,” he added.
BTC, gold, year-to-date chart. Source: Cointelegraph/Tradingview
Since the beginning of 2025, the price of gold increased by more than 23%, exceeding Bitcoin, which fell over 10% year-to-date, Tradingview Data displays.
https://www.youtube.com/watch?v=KQZhvt77xkw
Magazine: Bitcoin’s odds of June Highs, Sol’s $ 485M outflows, and more: Hodler’s Digest, March 2 – 8
