Expert cryptocurrency trader and entrepreneur Willy Woo has taken to social media platform from now on.
Savvy cryptocurrency trader and entrepreneur Willy Woo has taken to social media platform X (widely famous as Twitter in the not-so-distant past) to talk about Bitcoin and reveal the approximate date when he expects BTC to skyrocket 10x from now.
Willy Woo makes bullish statement on Bitcoin
Woo began his tweet by saying that the financial world has finally started to believe that Bitcoin is a “rapidly emerging asset class.” Now that Wall Street has realized this, Woo reminded the cryptocurrency community that asset classes are typically valued in the tens of trillions of US dollars.
This means, Woo continues, that if BTC is believed to be that now, its price should skyrocket 10 times from the current level. By the same concept, Bitcoin is likely to rival the US dollar in size and become a reserve asset.
Regarding the question of when this is likely to happen with Bitcoin, Willy Woo tweeted: “I would say when we are in the 25-40% global adoption range.” That is, he added, in the 2030s.
“Bitcoin reaches the ‘Banana Zone'”: Robert Kiyosaki
In a recent tweet, financial expert and Bitcoiner Robert Kiyosaki claimed that the world’s leading digital currency, Bitcoin, is now entering “the Banana Zone.” Here he cited former Goldman Sachs executive and investor Raoul Pal.
Kiyosaki explained that entering “the Banana Zone” means “going ballistic” or creating a “sinusoidal curve,” and people begin to regret not having accumulated Bitcoin when the price was lower or regret not having bought more. Kiyosaki admitted that several years ago, it was Raoul Pal who convinced him to start investing in BTC, and he bought 30 BTC when the cryptocurrency was trading at approximately $6,000.
Now the author of the famous book “Rich Dad, Poor Dad,” Kiyosaki continues to accumulate Bitcoin and is waiting for it to drop so he can buy more, according to a tweet posted earlier this week. The investor recently tweeted that he expects Bitcoin can rise as high as $300,000 in September thanks to spot ETFs buying a large amount of BTC and thanks to the fourth halving that took place in April, which made the newly minted Bitcoin was scarcer.