Bitcoin’s Unshakable Dominance: Why Woo Says BTC Will Outlast Every Market Cycle for Two Decades

Move over gold, stocks, and your broker’s ’diversification’ pitch—Bitcoin’s market position is about to go unchallenged until 2045, according to analyst Woo.

Here’s why the king crypto won’t be dethroned:

- Scarcity on steroids: Fixed supply meets accelerating institutional demand

- Network effect snowball: Developers and miners are all-in despite price swings

- The ultimate hedge: Decentralization bypasses inflation, political meltdowns, and bank failures (looking at you, 2023)

Wall Street will keep pitching ’the next Bitcoin’—right up until their quarterly bonuses depend on holding the real thing.

$104,842 and cryptocurrencies. Known for his pragmatic evaluations, Woo’s comments made during the ETF approval period, particularly on non-paper Bitcoin, have left a significant impression. Now, he extends his foresight to a 20-year timeframe, highlighting vital aspects of Bitcoin’s trajectory.

ContentsWoo’s 20-Year Bitcoin Growth ProjectionCryptocurrency Growth Prospects

Woo’s 20-Year Bitcoin Growth Projection

During the ETF approval phase, Woo noted that, unlike futures BTC ETFs, spot ETFs could catalyze significant market surges. He opined that asset holdings might potentially trigger a supply scarcity, which proved accurate.

Recently, Woo shared his assessment of Bitcoin’s Compound Annual Growth Rate (CAGR). This metric, indicating average annual growth over time, is anticipated to decline over the next 20 years. For instance, an asset growing 100% over five years WOULD assume a 15% annual CAGR if growth were even.

Woo elaborated on this analysis, emphasizing that bitcoin is not a mythically infinite one-horned creature ascending to the moonlight. The previously observed three-digit growth percentages are bygones, as significant growth was witnessed back in 2017.

By 2020, as institutions and sovereigns began amassing BTC, the CAGR notably dropped from over 100% to about 30-40%. WOO stresses this decline will persist as the network continues to aggregate more capital.

Presently trading as the newest macro asset in 150 years, Bitcoin will keep absorbing capital until equilibrium ensues. In light of a long-term monetary expansion pegged at 5% and GDP growth at 3%, Woo predicts BTC’s CAGR to stabilize around 8%.

Cryptocurrency Growth Prospects

A yearly 8% growth rate distinguishes Bitcoin amongst investable global assets. Consequently, BTC’s expansive growth indirectly benefits the entire crypto market. As BTC unit prices soar to million-dollar levels, altcoins too may witness similar growth ratios. However, not all will endure; surviving altcoins can anticipate substantial capital influxes over the next two decades.

While BTC’s price grows less rapidly in each cycle, the cryptocurrency markets continue expanding robustly, led by BTC, bringing reminiscent gains as new altcoin opportunities arise. This shows new ventures might offer attractive investment prospects.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.