In the bullish case, Bitcoin's ultimate price could surpass $24 million per coin, but global adoption still needs to grow by at least fourfold.
Bitcoin price could ultimately reach up to $700,000 per token, provided that financial institutions continue bolstering the adoption curve of the world's first cryptocurrency
Bitcoin (BTC) could reach an “ultimate price” of over $700,000, based on an assumed 3% portfolio allocation, according to popular Bitcoin analyst Willy Woo, who wrote in an Aug. 1 X post:
Bitcoin’s growing price is attracting more institutional investors with large amounts of capital, which could significantly contribute to its price appreciation. Bitcoin price could be on track to reach a new all-time high by September, based on historical chart patterns.
