According to ChainCatcher, cryptocurrency analyst Willy Woo wrote on X that if financial institutions continue to support the Bitcoin adoption curve, its price may eventually reach more than $700,000. "For Bitcoin, even in the early stages of the asset class, Fidelity recommends a 1-3% allocation, and we see BlackRock's number as high as 85%. If we assume that 3% is a reasonable allocation, then the lower limit of its valuation is $700,000."