Strive strategist says AI deflation could push Bitcoin to $11M by 2036

💡 DMK Insight

So, Joe Burnett’s bold Bitcoin prediction is stirring the pot, and here’s why that matters: AI-driven deflation could reshape monetary policy, impacting crypto valuations. If central banks pivot to looser policies in response to deflationary pressures, we could see increased liquidity flooding into risk assets like Bitcoin. This scenario aligns with historical trends where expansive monetary policies have led to significant price surges in crypto markets. However, traders should remain cautious; such predictions often hinge on speculative assumptions about AI’s economic impact and the timing of policy shifts. Watch for key resistance levels around $30,000 in Bitcoin, as breaking through could signal a bullish trend. Conversely, if inflation remains stubborn, central banks might hesitate to loosen policy, which could dampen this bullish sentiment. Keep an eye on economic indicators like CPI and PCE, as they could provide clues about the Fed’s next moves and Bitcoin’s trajectory in the coming months.