Analyst: BTC will reach $1 million in 10 years or become a future reserve currency

According to ChainCatcher news, Bitcoin on-chain analyst Willy Woo predicts that the value of Bitcoin will easily reach $1 million in the next ten years. The fallout from a top crypto asset reaching such a milestone would be for BTC to eventually become a reserve currency. It is expected to witness a “purge of central bank corruption” and the adoption of BTC as a reserve currency, which could mark the end of uncontrolled money creation by central banks and make war more expensive. This in turn would prevent countries from going to war.

It is reported that Twitter co-founder Jack Dorsey and ARK Invest CEO Cathie Wood also predict that crypto assets will eventually exceed the million-dollar mark.