Bitcoin Strategy Expert Discusses Scenario of BTC Reaching $11 Million by 2036
Joe Burnett (Vice President of Bitcoin Strategy at Strive) discussed Bitcoin bullish logic, the role of treasury companies, and why the biggest price increases may still be ahead.
The conversation focused on long-term supply and demand and institutional adoption scenarios, proposing a potential high price target for 2036.
The event-driven discussion around Bitcoin's long-term narrative is heating up, with attention and capital flowing towards institutional holdings and the logic of supply scarcity, benefiting bullish views while concerns over short-term volatility remain pressured.
Source: Public Information
ABAB AI Insight
Joe Burnett, as an institutional figure focused on Bitcoin strategy, elaborates on the long-term price path driven by supply and demand through public dialogue, emphasizing the locking effect of corporate holdings like treasury companies on circulating supply.
On the capital path, the discussion shifts resources from short-term trading to multi-cycle allocation, motivated by strengthening the compounding effect of institutional and enterprise-level adoption, with funds concentrated on the intersection of scarcity and adoption curves.
Similar to early Bitcoin long-term predictions and the accelerated path of actual adoption, we are currently in a phase transitioning from retail speculation to enterprise balance sheet allocation.
Essentially, this represents capital concentration: as enterprises and institutions continue to absorb supply, it will drive up the scarcity premium, as new demand under a fixed total supply directly translates into price pressure, thereby reconstructing Bitcoin's positioning as a long-term reserve asset.
ABAB News · Law of Cognition
Corporate holdings can lock supply more effectively than retail hoarding.
The largest price increases often occur in the middle of the adoption curve.
Long-term target prices are narratives rather than trading signals.