Willy Woo, known for his cryptocurrency analyses from his X account, made comments that will be talked about again. From his 1 million follower account, Woo also made a price prediction, stating that we are still at the beginning of the bull season.
“The traditional finance will be in for a shock.”
Stating that BlackRock and Fidelity companies expect big rises even if they convince their customers to invest 3% of their funds in Bitcoin, Woo said:
“So you think we’re in a bull market? We’re not, this has been the warm up. A full fundamentals driven bull market is marked by a break of the upper blue band. When it breaks, TradFi is in for a shock. the price of BTC will exceed $125,000 before the end of 2025. The biggest share here can come from BlackRock and Fidelity. If they can convince their customers to invest 3% of their funds in Bitcoin, the price will easily surpass here.”
Fidelity had already given the signal
As it will be remembered, Fidelity’s Canadian subsidiary recently announced that it allocated 1% to 3% to cryptocurrencies in the “Fidelity All-in-One ETF”, which currently has $200 million in net assets under management.
Bitcoin increased to $49,000 after 11 January, the day ETFs were accepted, and then dropped to $38,500 immediately afterwards. However, the largest cryptocurrency, which started a very serious rally from that region, reached yesterday’s level of $68,500 without stopping.