Willy Woo: Bitcoin still has room for rise, and the compound annual growth rate is expected to stabilize at 8% in 15 to 20 years.

BlockBeats news, on May 18, renowned crypto assets analyst Willy Woo stated on social media, "Bitcoin has long passed the phase of rising several times as in 2017. The year 2020 was a key year for Bitcoin to achieve 'institutionalization', as enterprises and sovereign institutions began to accumulate Bitcoin, with the compound annual growth rate dropping from over 100% to 30 to 40%. Bitcoin is now traded as the latest macro asset in 150 years, and it will continue to absorb global capital until it reaches some 'equilibrium point'. Considering the long-term monetary expansion is about 5% and GDP growth is 3%, I believe that Bitcoin's eventual annual compound growth rate will stabilize around 8%. And it may take another 15 to 20 years to reach the 'equilibrium point'. There are almost no other publicly investable assets that can match Bitcoin's long-term performance."