Willy Woo: BTC will become the world's reserve currency and soar to $1 million
BTC made a splash in financial circles thanks to bold forecasts of the asset reaching the $1 million mark in the next ten years. One of the prominent blockchain analysts promoting such a bold assessment is Willy Woo, who believes that Bitcoin is moving towards becoming the world's reserve currency. He predicts that in the next ten years the price of BTC will easily rise to $1 million, and his opinion is shared by other well-known figures in the BTC space.
BTC as a global reserve currency According to Wuâs forecasts, BTC will receive the status of a reserve currency, and corruption in central banks will come under close attention, which will become truly revolutionary event. He expects that in a world dominated by BTC, it will become too expensive to fight, which will lead to a change in the geopolitical situation. One of the key pillars on which Wu's forecast is based is the growth of institutional recognition and adoption of Bitcoin. Recent steps towards the approval of spot Bitcoin ETFs in various countries around the world signal the growing legitimacy of the digital asset. Wu believes that institutionalization will pave the way for an increase in the price of #BTC to $1 million. Moreover, Wu points to specific financial indicators and trends in network flows confirm his optimistic forecast for Bitcoin.
