{"id":134767,"date":"2024-08-02T19:30:39","date_gmt":"2024-08-02T16:30:39","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134767"},"modified":"2024-08-02T16:55:47","modified_gmt":"2024-08-02T13:55:47","slug":"here-is-why-we-can-expect-bitcoins-price-to-skyrocked-according-to-analyst","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/here-is-why-we-can-expect-bitcoins-price-to-skyrocked-according-to-analyst\/","title":{"rendered":"Here is Why We Can Expect Bitcoin&#8217;s Price to Skyrocked, According to Analyst"},"content":{"rendered":"<p>Wu suggests that <a href=\"https:\/\/cryptodnes.bg\/kripto-valuti\/bitcoin\/\" rel=\"nofollow\"><strong>Bitcoin<\/strong><\/a> could capture 3% of total global assets, which could send it to a valuation of around $700,000 for BTC.<\/p>\n<p>He explained that total global assets amount to $500 trillion. If Bitcoin manages to capture even a fraction of that, its value will increase significantly.<\/p>\n<p>Furthermore, the analyst believes Bitcoin will reach a six-figure price if its global adoption reaches between 16% and 50%, compared to the current adoption level of 4.7%.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/here-is-why-we-can-expect-bitcoins-price-to-skyrocked-according-to-analyst\/\" title=\"Here is Why We Can Expect Bitcoin\u2019s Price to Skyrocked, According to Analyst\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/07\/pexels-bitcoin-karolina-grabowska-5980856-bitcoin-240x170.webp\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Here is Why We Can Expect Bitcoin\u2019s Price to Skyrocked, According to Analyst<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>He referred to the S-shaped adoption curve that tracks how quickly new technologies are adopted, noting that 16% marks the early majority and 50% the late majority.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">So now everyone is asking when. This is also a well known phenomena via the adoption S-curve.<\/p>\n<p>16% is early majority, 50% is late majority. Wealth management is somewhere in this sector.<\/p>\n<p>So figure out when BTC adoption enters 16%-50% world adoption based on the yellow line. <a href=\"https:\/\/t.co\/e61FvcKlVw\" target=\"_blank\" rel=\"nofollow\">pic.twitter.com\/e61FvcKlVw<\/a><\/p>\n<p>\u2014 Willy Woo (@woonomic) <a href=\"https:\/\/twitter.com\/woonomic\/status\/1818897540344893490?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">August 1, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Woo also shared a graph comparing Bitcoin\u2019s adoption rate to that of the internet, illustrating potential growth patterns. He suggests that as Bitcoin\u2019s market cap exceeds all fiat currencies, investors will turn to finding investments that outperform Bitcoin.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Popular crypto analyst Willy Wu has predicted that Bitcoin (BTC) could potentially rise over 975% from its current price.<\/p>\n","protected":false},"author":7,"featured_media":132555,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[],"class_list":["post-134767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Here is Why We Can Expect Bitcoin&#039;s Price to Skyrocked, According to Analyst<\/title>\n<meta name=\"description\" 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