Top Analyst Shares Mind Blowing Bitcoin (BTC) Price Target
Willy Woo Eyes Bitcoin Price Around $310K Willy Woo was tagged by a Twitter user Lynn Brewer who wants the analyst’s take on the influence of BlackRock, Fidelity and the major asset managers injecting 5% of their Assets Under Management (AUM) into Bitcoin. advertisement For reference, BlackRock has over $9 trillion in AUM and just 1% of this amount is $90 billion and when all the AUMs quoted are summed up, it may exceed the current BTC holdings on exchanges. In his response, Willy Woo said his calculations placed the estimated price of Bitcoin if the described event were to play out at approximately $310,000. While it remains unclear the metrics Willy used to arrive at this target, it resonates with the wider forecast from top industry veterans across the board. What would price do if these guys put 5% of AUM into BTC? Recommended Articles Crypto Presale Pro...