Analysts Announced: How Many Users Will Bitcoin (BTC) Reach By 2025?

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The leading crypto currency Bitcoin has already attracted the attention of millions of people, especially with the price increases it experienced in 2017 and 2020. Despite this, it is still known that a very, very limited part of the world population knows or owns BTC. Analysts stress that this could change significantly in 2025.

Bitcoin Could Reach 1 Billion Users By 2025

According to current data shared by renowned crypto analyst Willy Woo, 2025 could be the date to reach a major milestone for BTC. Woo emphasized that the number of users that Bitcoin addresses is 135 million, according to current data. According to the data prepared by Cambridge and Glassnode, the mainstream acceptance of BTC can achieve a significant upward momentum, especially after 2022.

Woo's shared "acceptance curves" establish a correlation between Bitcoin and the internet. According to Woo and researchers, reaching 1 billion users by 2025 is equivalent to the success of the internet in 2005.

Looking at the path the Internet has traveled from 2005 to 2020, it can be said that there is still a very long development process ahead of Bitcoin. Although the leading cryptocurrency has reached over $ 41,000 in price, it still does not have enough acceptance and recognition.

Guggenheim CIO Scott Minerd stated in his statement on the subject that the Bitcoin price could go up to $ 400,000 to $ 600,000 in the long run. It can be seen that the statements made by Minerd and Woo are in a way consistent and in relationship.

 

 

Regulation and Society adoption

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