Analyst: BTC needs at least 10 years to be seen as safe haven

It could take at least 10 years for Bitcoin to be recognized as a safe-haven asset, according to on-chain analyst Willy Woo. In a post on X, Woo explained that while BTC has the structural properties of a safe haven—such as the ability to cross borders holding only a seed phrase and its independence from the traditional financial system—it still behaves like a risk asset. He noted that during periods of macroeconomic uncertainty or war, Bitcoin remains highly susceptible to market volatility, largely because institutions and other large-scale capital investors do not yet view it as a sufficiently proven asset. This causes BTC's price to move in a similar pattern to the Nasdaq, Woo added. The market believes it will take at least a decade for this perception to change, at which point Bitcoin could grow to a level that competes with gold's market capitalization.