Unchained Analyst: Bitcoin is expected to break through 1.8 million USD in 2035.

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According to Deep Tide TechFlow news, on April 12, Cointelegraph reported that Joe Burnett, the market research director of Unchained, stated in the Chainreaction live show that despite the recent price pullback and the global trade tensions leading to a decline in investor risk appetite, Bitcoin is still expected to reach $1.8 million by 2035.

Burnett proposed two predictive models: the parallel model predicts that Bitcoin will reach 1.8 million dollars by 2035, while Michael Saylor's Bitcoin 24 model predicts it will reach 2.1 million dollars. He believes both are "good benchmark cases," and the actual trend may exceed these predictions due to macroeconomic factors.

Burnett stated that the gold market is currently valued at about 21 trillion dollars, and if Bitcoin's market value reaches a level comparable to gold, the price of a single Bitcoin will reach 1 million dollars. He emphasized that Bitcoin's technological attributes are more advanced and will ultimately surpass the market value of gold.

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Coinwinvip
· 04-12 13:37
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