Cryptocurrency analyst Willy Woo has presented a forecast that Bitcoin’s annual growth rate will stabilize at around 8% over the next 15 years.
Bitcoin's Growth Prediction
Renowned crypto analyst Willy Woo forecasts that Bitcoin's compound annual growth rate will stabilize at about 8% over the next 15 years. This comes amidst the institutional adoption in 2020 when Bitcoin transitioned into a macro asset, contrasting its high growth phase seen in 2017.
Transition to a Macro Asset
The year 2020 marked a new era of institutionalization for Bitcoin, leading to slower yet sustained growth. Woo anticipates that an eventual stabilization at a single-digit growth rate will parallel global monetary expansion. This forecast highlights Bitcoin's maturity and its ability to absorb capital more evenly.
Historical Evolution of Bitcoin
Woo's forecast aligns with past trends where Bitcoin's growth evolved from a high-volatility retail phase to one where institutional adoption stabilizes the asset class, reminiscent of gold's historical trajectory.
Considering Bitcoin's current market capitalization and its 62.46% dominance, Woo's forecast emphasizes the importance of technological advancements and regulatory clarity as key drivers for its future growth.
