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Market attention is intensifying amid projections that Bitcoin’s price could reach $11 million within the next decade.
According to cryptocurrency media outlet Bitcoinist on March 7 (local time), digital asset strategist Joe Burnett stated in a recent research report that Bitcoin (BTC) could reach approximately $11 million by 2036. Updating his previous forecast of $10 million by 2035, Burnett explained that the current market structure more strongly supports his original hypothesis.
The projection is based on the assumption that Bitcoin could absorb a portion of global financial assets as a long-term store of value. The report estimates that if the size of global financial assets continues to expand over the next decade, Bitcoin’s market capitalization could reach approximately $230 trillion. Even if global financial assets total around $2 quadrillion by 2036, Bitcoin’s share would still represent only a portion of the overall market, the report noted.
Burnett particularly emphasized that Bitcoin’s fixed supply of 21 million BTC is a key driver of long-term value appreciation. As more investors seek hedges against currency debasement, capital is likely to flow into digitally scarce assets with proven supply limitations. He suggested that under such trends, Bitcoin could establish itself as both a long-term savings vehicle and a store of value.
The report also cited the expansion of artificial intelligence (AI) as a factor that could bring structural changes to the financial environment. Advances in AI technology may significantly increase productivity, reduce the cost of goods and services, and create deflationary pressures across the broader economy. In such an environment, policymakers may attempt to stimulate growth by expanding liquidity, potentially increasing investment demand for supply-constrained assets.
The report further projected growth in Bitcoin-based financial products. The emergence of lending and credit structures backed by large BTC holdings could attract greater institutional capital inflows while reinforcing Bitcoin’s role as a global reserve asset. Burnett stated that these developments are likely to unfold gradually, driven by long-term structural economic changes rather than speculative frenzy.
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