Lead Analyst: Bitcoin Needs $5 Trillion in Capital to Hit $1 Million

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Lead Analyst: Bitcoin Needs $5 Trillion in Capital to Hit $1 Million


Willy Woo, a well-known blockchain and digital currency analyst, claims that Bitcoin only needs a small fraction of the capital stored in global assets to reach a seven-figure price. He announced on the platform that Wu explained that $620 billion has been invested in Bitcoin so far and explained how the $5 trillion figure was calculated. He believes that Bitcoin will not reach this price target in the current cycle because it requires a large amount of capital.

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