🎁🎁Willy Woo Says 700 Thousand Dollars Lower Limit for Bitcoin and Draws a Bullish Scenario 🎁🎁

Willy Woo, one of the leading cryptocurrency analysts, made a remarkable post about Bitcoin.

Sharing a post on the X platform on August 1, Woo presented a bull scenario for Bitcoin. First, he predicted that Bitcoin could rise to $27 million if it attracted $500 trillion, which includes all global wealth. However, he stated that the probability of this scenario occurring is very low.

Making a more reasonable prediction, Woo predicted that if Bitcoin attracts just 3% of the total $500 trillion in wealth in investment markets, its price could rise to at least $700,000. Woo first shared this prediction in 2014:

“Global wealth is 500 trillion dollars. If Bitcoin attracts all this wealth (which will never happen), it would be $24 million per Bitcoin (before inflation adjustment). “If we assume 3% is a reasonable allocation (and that was the number we stated in 2014!), then the lower end of the valuation would be $700k.”

Bitcoin, which has increased by 1% in the last 24 hours, is currently trading at $64,200.

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