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$1 million calculator for Bitcoin from popular analyst Willy Woo: What is needed?

Willy Woo, one of the names closely followed by cryptocurrency investors, made a calculation about how much the market value should be for Bitcoin to reach 1 million dollars and shared this on account X. Woo said that in order for the largest cryptocurrency under familiar and normal liquidity conditions to reach the price of $1 million per coin, another 5 trillion dollars should enter the "realized" market capitalization.

Renowned on-chain analyst Willy Woo has confronted his followers with a new Bitcoin price prediction and predictions for the market trend. Woo, who listed the conditions for the biggest cryptocurrency to reach the price of 1 million dollars on the X account with 1.1 million followers, said that he did not think that such a situation would happen in this bull season.

Stating that 1 percent of the global asset value should come to Bitcoin, Woo stated that this figure is 5 trillion dollars.