It depends on the observation window, really. Bitcoin is deflationary in the sense that there is a maximum amount of BTC that will ever be mined. So, all else e

It depends on the observation window, really. Bitcoin is deflationary in the sense that there is a maximum amount of BTC that will ever be mined. So, all else equal, the price of bitcoin should go up relative to other assets as the economy grows (and the stock of bitcoin does not). Of course, it might implode along the way, and there are plenty of wild swings on the way up (which what we've seen so far).