Bitcoin (BTC) Could Hit an Astonishing $1.8M Per Coin By 2035

Bitcoin could hit an astonishing $1.8 million per coin by 2035, despite recent price crashes and international trade tensions

Bitcoin (BTC) could hit an astonishing $1.8 million per coin by 2035, despite recent price crashes and international trade tensions, according to Joe Burnett, Director of Market Research at Unchained.

Speaking on a live show on X, Burnett placed confidence in Bitcoin’s long-term trajectory. He suggested that it could soon rival gold’s $21 trillion market capitalization by 2035.

“When I think about where Bitcoin will be in 10 years, there are two models I admire,” Burnett said. “One is the parallel model, which suggests Bitcoin will be about $1.8 million in 2035. The other is Michael Saylor’s Bitcoin 24 model, which suggests Bitcoin will be $2.1 million by 2035.”

Adding his two cents to the Bitcoin vs gold debate, Burnett said that Bitcoin’s technological progress will eventually allow it to overtake gold as a store of value. “The automobile industry is significantly more valuable than the horse and buggy industry,” he remarked. He further added that if Bitcoin had a number close to gold’s market cap, it would be at $1 million per coin today. This shows Burnett’s belief in Bitcoin’s potential to become the dominant safe asset in the face of volatility.

Despite the current Bitcoin price holding around $82,000 after the market crash this month, Burnett remains optimistic about the coin’s resilience during bear markets. “The highs bring [Bitcoin] attention, and the deep, dark bear markets move coins into the hands of the strongest, most convicted holders,” he explained. This demonstration of resilience could set the stage for long-term growth as institutional adoption increases.

While some analysts remain cautious due to the tariff-induced market volatility and the dismal performance of Bitcoin ETFs, Burnett’s prediction has sparked discussions among investors.