Close Menu
ApeWatcher News
  • Home
  • Advertise
  • Headlines
  • Crypto
    • News
    • Bitcoin
    • Ethereum
    • Altcoin
    • View All
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Rates
  • Videos
  • Listing Platform
  • BSC
  • ETH
  • Listing Platform
  • BSC
  • ETH
What's Hot

Russia’s EAEU Trade Reaches 93% De-Dollarization in Blow to US Dollar Dominance

May 18, 2025

Arthur Hayes: Bitcoin to Hit $1M Amid Capital Flight, US Treasuries Crash

May 18, 2025

Robert Kiyosaki’s Bitcoin Advice: ‘Buy More, Do Not Sell’—BTC to Hit $250K This Year

May 18, 2025
X (Twitter) Telegram
  • Listing Platform
  • Home
  • BSC
  • ETH
Advertise
X (Twitter) Telegram
ApeWatcher News
  • Headlines
  • Crypto
    1. News
    2. Bitcoin
    3. Ethereum
    4. Altcoin
    5. View All

    Russia’s EAEU Trade Reaches 93% De-Dollarization in Blow to US Dollar Dominance

    May 18, 2025

    Arthur Hayes: Bitcoin to Hit $1M Amid Capital Flight, US Treasuries Crash

    May 18, 2025

    Robert Kiyosaki’s Bitcoin Advice: ‘Buy More, Do Not Sell’—BTC to Hit $250K This Year

    May 18, 2025

    Hong Kong police busts $15M laundering ring that used crypto, 500 bank accounts

    May 18, 2025

    Shares of Chinese Apparel Firm in Choppy Trading After Announcing $800,000,000 Bitcoin and Crypto Investment Strategy

    May 17, 2025

    A Dozen New Defendants Charged in Alleged RICO Conspiracy Tied to $263,000,000 Crypto Theft

    May 17, 2025

    A Bitcoiner’s guide to South Africa’s Garden Route

    May 17, 2025

    Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker

    May 17, 2025

    Bitcoin breaks out while Coinbase breaks down: Finance Redefined

    May 16, 2025

    51% attack on Ethereum more difficult than on Bitcoin — Justin Drake

    May 16, 2025

    Starknet hits ‘Stage 1’ decentralization, tops ZK-rollups for value locked

    May 16, 2025

    Ethereum Building Up Momentum Before a Massive Breakout, Predicts Michaël van de Poppe – Here Are His Targets

    May 15, 2025

    Altcoins are on the verge of ‘most powerful rally’ since 2017 — Analyst

    May 16, 2025

    XRP price path to $3.40 remains intact — Here is why

    May 16, 2025

    Judge’s settlement rejection has no effect on legal victory

    May 16, 2025

    The emergence of Sonic and what it means for DeFi: Report

    May 16, 2025

    Russia’s EAEU Trade Reaches 93% De-Dollarization in Blow to US Dollar Dominance

    May 18, 2025

    Arthur Hayes: Bitcoin to Hit $1M Amid Capital Flight, US Treasuries Crash

    May 18, 2025

    Robert Kiyosaki’s Bitcoin Advice: ‘Buy More, Do Not Sell’—BTC to Hit $250K This Year

    May 18, 2025

    Hong Kong police busts $15M laundering ring that used crypto, 500 bank accounts

    May 18, 2025
  • DeFi
  • NFT
  • Metaverse
  • Guides
  • Videos

    3 Crypto Coins Getting Ready to EXPLODE! “This Will Shock People”

    May 17, 2025

    Bessent Revealed ALL: Trump's Crypto Plans & Trade Deals!

    May 17, 2025

    SOLANA WILL PUMP ON THIS DATE ($5 BILLION FTX PAYOUT)

    May 17, 2025

    It Started: Bitcoin About To Go INSANE

    May 16, 2025

    Coinbase SEC Probe: 100M Users? Is This the New SBF?

    May 16, 2025
ApeWatcher News
Home » Bitcoin To Explode by at Least 975% To Reach Ultimate Price, Says Analyst Willy Woo – Here’s the Timeline
Bitcoin To Explode by at Least 975% To Reach Ultimate Price, Says Analyst Willy Woo – Here’s the Timeline
Bitcoin

Bitcoin To Explode by at Least 975% To Reach Ultimate Price, Says Analyst Willy Woo – Here’s the Timeline

The Daily HodlBy The Daily HodlAugust 2, 20240 ViewsNo Comments
Share
Facebook Twitter LinkedIn Pinterest Email

Popular on-chain analyst Willy Woo is predicting that Bitcoin (BTC) will ultimately hit a massive value for one key reason.

Woo tells his 1.1 million followers on the social media platform X that Bitcoin could capture 3% of the total wealth assets and soar more than 975% from the current value.

“Nobody knows what the ultimate price of Bitcoin will be but simple maths can give us an upper bound. All wealth assets is $500 trillion. If BTC captured all of this (never going to happen) it’s $24 million per coin (today’s value before future inflation adjustment). The question is what will be the realistic allocation for everyone? Wealth management is very predictable, and money flows in a conservative manner according to known wisdom. BTC, even in this early phase of an asset class, Fidelity recommends 1%-3% allocation, while we have seen numbers as high as 85% from BlackRock. If we assume 3% as a sensible allocation then the lower bound of valuation is $700,000.”

Woo believes Bitcoin will hit the six-figure price target once global adoption reaches somewhere between 16% and 50%. He says current Bitcoin adoption is at 4.7%.

“So now everyone is asking when. This is also a well-known phenomenon via the adoption S-curve. 16% is early majority, 50% is late majority. Wealth management is somewhere in this sector. So figure out when BTC adoption enters 16%-50% world adoption based on the yellow line.”

Woo shares an adoption s-curve chart comparing the asset to the Internet’s adoption rate. The adoption s-curve is often used to track the cumulative rate at which people adopt breakthrough technologies.

Lastly, Woo says that Bitcoin’s market cap could eventually exceed all fiat currencies and prompt investors to look for alternative higher-performing investments at that point.

“Once the price produces a market cap exceeding all the fiat in the world you won’t be interested in ultimate price. That’s a fiat mindset based on current realities. After this inflection point, you’ll only be looking for investments that can beat BTC. For starters, these are companies that store their profits in BTC. [MicroStrategy founder and executive chairman Michael Saylor] was the first public company CEO to figure this out, but a lot more coming.”

Bitcoin is trading for $65,096 at time of writing, up slightly in the last 24 hours.

Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

Follow us on X, Facebook and Telegram

Generated Image: DALLE3



Read the full article here

Follow us on Google News to get the latest Updates

 
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Shares of Chinese Apparel Firm in Choppy Trading After Announcing $800,000,000 Bitcoin and Crypto Investment Strategy

May 17, 2025

A Dozen New Defendants Charged in Alleged RICO Conspiracy Tied to $263,000,000 Crypto Theft

May 17, 2025

A Bitcoiner’s guide to South Africa’s Garden Route

May 17, 2025

Bitcoin to $250K in 2025 ‘totally possible’ — crypto analyst Scott Melker

May 17, 2025

Here’s How Bitcoin Explodes To Up to $200,000 This Summer, According to BitMEX Founder Arthur Hayes

May 17, 2025

Bitcoin Cycle Peak Coming Next Year, Says Crypto Analyst Jason Pizzino – Here Are His Targets

May 17, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Articles

Russia’s EAEU Trade Reaches 93% De-Dollarization in Blow to US Dollar Dominance

May 18, 2025

Arthur Hayes: Bitcoin to Hit $1M Amid Capital Flight, US Treasuries Crash

May 18, 2025

Robert Kiyosaki’s Bitcoin Advice: ‘Buy More, Do Not Sell’—BTC to Hit $250K This Year

May 18, 2025
ApeWatcher News
X (Twitter) Telegram
  • Privacy Policy
  • Sources
  • Terms and Conditions
  • Contact
  • Advertise
© 2025 Ape Watcher News

Type above and press Enter to search. Press Esc to cancel.