Famous cryptocurrency analyst Willy Woo made new predictions for Bitcoin. So how many people will own Bitcoin in 2024?
2024 forecast for Bitcoin
Famous analyst Willy Woo, known for his predictions for the Bitcoin and crypto money market, recently said that he estimated 1.7 percent of the world’s population to own Bitcoin. Woo made predictions for the future this time around.
Woo shares his predictions on a graph; mobile accounts, internet users make predictions by taking PayPal accounts into account. Bitcoin’s sub-adoption rate is at 1.3 percent, according to Woo.
Woo says that Bitcoin will level up to 2021, witnessing the fastest growth in its history in this 4-year period. According to Woo’s estimates for 2024, 25 percent of the world will adopt Bitcoin. When we look at the past 11-year rates, the adoption of Bitcoin was below 1 percent. This exponential growth will cause many balances in the markets to change.
According to Chainalysis data, Ukraine is currently the country that adopts Bitcoin the most.