Analytical Framework:

Supply Dynamics: Fixed supply cap of 21 million BTCBy 2034, means there will have been 2-3 more halvings

Mining rewards will be around 0.78125 $BTC per block

Approximately 98% of all Bitcoin will be mined

Increased scarcity effect

Historical Growth Patterns: 887% growth in 5 years (2020-2024) 36,719% growth in 10 years (2015-2024)

Diminishing percentage returns over time 

Maturing market dynamics

Predicted Price Range for 2034: Lower bound: $250,000 Upper bound: $750,000

AI Confidence Level: Moderate (70%)
#BTC