Tag: willy woo

Jan 17 2023

Bitcoin Is About To Rally From Disbelief Phase, Says Renowned Analyst

Jan 17 2023 Published at Bitcoinist.com under tags  bitcoin btc willy woo

The Bitcoin price has risen by more than 28% since January 1, posting an impressive rally to start the year. The price movement has been driven by the global financial market's expectation that the U.S. Federal Reserve will continue to slow its pace of interest rate hikes before the pivot comes later this year. According to Bitcoin on-chain analysis pioneer Willy Woo, this...

Nov 25 2022

Willy Woo Raises Concerns On “BNB-Backed” Binance SAFU Fund

Popular on-chain analyst Willy Woo raised concerns over Binance's Secure Asset Fund for Users (SAFU) Insurance Fund. He believes it's not safe to put...

Aug 22 2022

Bitcoin Price Dropping To $21,000 Is Actually Not A Bad Thing, This Analyst Says

Aug 22 2022 Published at Bitcoinist.com under tags  bitcoin bitcoin price btc btcusd crypto

Bitcoin price may have nosedived to $21,000 but this analyst says it’s not an entirely bad thing. Willy Woo, on-chain expert analyst says that Bitcoin’s recent decline to $21,000 is mostly due to the massive sell-off by traders. However, there’s no reason to hit the panic button because the sell-off is linked to negative net flow on major exchanges which hints that most...

Jul 30 2022

Bitcoin (BTC) Bulls Are Back, Explains Binance CEO “CZ,” Willy Woo And Michael Saylor

Bitcoin (BTC) bulls appear to be back as the crypto market takes off despite the Fed rate hike and recession fears. Crypto evangelists Binance CEO...

Jul 18 2022

Expert Suggests Historically Good Sign For Bitcoin, Here’s Why

Jul 18 2022 Published at Coingape under tags  bitcoin bitcoin news news willy woo

Willy Woo, a popular on-chain analyst, believes that Bitcoin might be set for a major bullish movement. According to him, BTC is set to break through Realized Price, which has been a historically good sign. Realized Price estimates the average price the market had to spend to get their Bitcoin. Realized Price acts as a...

Mar 22 2022

Crypto Analysts Reveal End Of Bitcoin’s Four Year Cycles; Here’s What It Means

Over the years, market analysts have held that Bitcoin price trends are tied to its four-year halving cycles. However, some analysts, including on-chain analyst Willy Woo, have suggested that the Bitcoin market has outgrown the trend. No more 4-year cycles, says Willy Woo Last October, Woo postulated a Bitcoin market thesis he calls "The Last...

Jun 18 2021

Bitcoin Top And Bottom Metric Reaches Historically Oversold Level

Jun 18 2021 Published at Bitcoinist.com under tags  bitcoin btc btcusd btcusdt crypto

Bitcoin price is still stuck in the mid-$30,000 range for weeks now, unable to break any lower or make an attempt to reclaim highs. After such a drastic 50% move down, the market is shaken and waiting for confirmation of direction before volume returns. Currently, the top cryptocurrency by market cap is at...

Jun 08 2021

Is Bitcoin in a Rut? These Three Numbers Say Yes

Jun 08 2021 Published at Unchained Podcast under tags  bitcoin china dip fbi microstrategy

June 8, 2021 / Unchained Daily / Laura Shin Daily Bits ✍️✍️✍️ MicroStrategy intends to offer $400M in notes to...

Mar 16 2021

CryptoQuant vs Glassnode: The Crypto Data firms Spar Over Whale Deposits and BTC Flash Crash

Bitcoin price reached a new ATH of $61,833 this Sunday after month-long consolidation under $50K. However, the price registered a sharp...

Dec 07 2020

On-Chain Analyst Estimates That Around 1.7% of the World Owns Bitcoin

While Bitcoin is up massively over the past few years, there are still many in the world that does not own the cryptocurrency. Estimates compiled by a leading on-chain analyst indicate that less than 2% of the world has exposure to Bitcoin in some capacity. Nearly 2% of the World Holds Bitcoin: Analysis According to...

Dec 03 2020

Bitcoin (BTC) Liquidity Crisis Is Coming As Institutions Build Long Term Positions

"We are just getting started!" that's what Grayscale director Michael Sonnenshein said two days back in an...

Dec 01 2020

Bitcoin Exchange Backed by Pomp, Song and Woo Removes Trading Fees to Contend With Coinbase, Gemini

Upstart crypto exchange LVL wants to take on U.S. giants by removing trading fees. The move comes as bitcoin touches new all-time highs.

Nov 09 2020

HNIs Leading The Ongoing Bitcoin(BTC) Bull Rally, Average Transaction Value At $91.3K

Bitcoin (BTC) has appreciated more than 40% over the last month throughout October and the first week of November. Industry...

Oct 04 2020

Bitcoin Has Been in a Bull Run Since 2019—and There’s More to Come: Analyst

Bitcoin has undergone a strong drop since its $12,500 highs set in August. The coin now trades for $10,500, having dropped as low as $9,800 just a few weeks ago. Bitcoin is currently consolidating between $10,000 and $11,000, barely deviating from this range. Some fear that this price action is a precursor to another capitulation event, as seen in late 2018. One on-chain...

Sep 27 2020

On-Chain Data Shows Bitcoin’s Decoupling From S&P 500 Is “Upcoming”

For the past few months, Bitcoin's price action has largely been beholden to legacy markets like the S&P 500, the U.S. dollar index, and gold. The cryptocurrency has crashed and surge intandem with these markets, suggesting it is not uncorrelated as many once said. While this may be true in the short term, analysts think that the markets will decouple eventually. Bitcoin Is...

Sep 18 2020

Bitcoin To 10x From These Levels Says Analyst, Predicts Other Giants to Follow MicroStrategy

Sep 18 2020 Published at Coingape under tags  bitcoin bitcoin news btc btcbrl btcbusd

Business Intelligence Firm MicroStrategy created a massive buzz by announcing BTC purchase worth $425 million. Earlier this week, MicroStrategy CEO Michael Saylor disclosed how the company decided to pour almost...

Aug 02 2019

This Bitcoin [BTC] Demand and Supply Metrics Depicts Post-Halving Situation

The technical analysis of Bitcoin's price attributes to its utility as an investment asset. Unlike most other assets, there is a lack of historical data or information to analyze the price of Bitcoin. However, On-chain metrics is an integral part of the analysis, which depicts the real supply and demand. Willy Woo, crypto and chart The post This Bitcoin [BTC] Demand and Supply...

Jul 31 2019

Bitcoin Breaks $10k Midst Rising Positive Sentiments – Are Bears Still Around?

Bitcoin [BTC] broke above $10,000; the rise can be attributed to the positive sentiments around cryptocurrency regulation. BTC avoided another fatal fall a price bounced a second time from the swing lows at $9400. The price of Bitcoin at 15: 45 Hours UTC on 31st July 2019 is $10,063. It is trading 4.9% higher on The post Bitcoin Breaks $10k Midst Rising Positive...

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