Bitcoin could reach $1.8 million by 2035

Joe Burnett, research director at Unchained, stated that Bitcoin retains the potential for growth to $1.8 million per coin by 2035, despite the current correction and declining investor interest. The forecast is based on a "parallel model" suggesting parity with the market capitalization of gold ($21 trillion).

Burnett also noted Michael Saylor's model, suggesting a price of $2.1 million in a similar timeframe. He emphasized that the volatility of #BTC is decreasing, and long-term holders continue to accumulate the asset during downturns.