This Is The LAST CYCLE Before MASS ADOPTION | Willy Woo
Even with Bitcoin getting rejected at the $45,500 resistance level, it appears as if the bulls are taking control of the market again, as Bitcoin is up 20% in the past 7 days, currently trading at around $44,200 at the time of writing. Many investors and enthusiasts are optimistic about the recent price action but there is some anxiety around bitcoin’s next move and understandably so, as the market traded sideways for longer than most would have liked and then turned bearish, all on the heels of the thought-leaders and pundits calling for $100,000+ run-up. Nonetheless, this current bullish action is just the beginning of the next level for bitcoin, according to On-Chain Analysts Willy Woo. In a 90-minute interview with Jay Gould, Willy Woo explained how this cycle would be the last before Bitcoin takes off toward Gold, as it related to market cap. With Bitcoin’s current market cap sitting at around $1 Trillion, Woo forecast a smooth move to 2 Trillion… but believes it can get a bit rough after that. His followers showed more hopium, as they foresee a $40 Trillion market cap is on the horizon, according to a poll conducted by Woo. In the interview, Woo expressed that we are still in the early stages of mainstream adoption, and not everyone has caught on, especially traders and this is what’s driving the engine of bitcoin. And until traders get flushed out or catch on, Woo believes we are in price discovery mode but once the price gets established, we are off to the races.
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THIS INTERVIEW WAS POSTED ON FEBRUARY 9, 2022
Listen to the full unedited interview here ⬇ [Credits] 🙏
EP43 – Willy Woo Explains How Bitcoin Has Changed and How He\’d Change Plan B’s S2F Model
https://www.youtube.com/watch?v=g3dr4…
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🎵BACKGROUND MUSIC licensed through AudioJungle & Epidemic Sound
🎥FOOTAGE licensed through VideoBlocks and Filmpac, except parts about the topic that have been used under fair use.
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