Skip to main content

On-Chain-Analyst Willy Woo


 

The on-chain analyst Willy Woo assumes that the Bitcoin price will experience a major rally in the first quarter of 2022. In January and February, the Bitcoin course should be interesting again.


In an interview with Scott Melker, also known as "The Wolf of All Streets", the analyst said that the BTC price could experience a massive price increase in the first two months of the new year. Most recently, we experienced a decline in the price of the oldest cryptocurrency, which was accompanied by an accumulation phase. Accordingly, “the momentum” for the Bitcoin price rally should be strong.


Bitcoin has not yet completed the bullrun

Willy Woo explains that Bitcoin has not yet completed the bullrun. Rather, according to Woo, we are in an accumulation phase after a sell-off in May.


“This is the phase when everything is strong. This is the main phase of the bull market. We are not there yet, we are recovering and preparing for it. I think we won't be ready until 2022 - the early phase, January [and] February could be interesting. "


For Willy Woo, the increasing accumulation of coins by long-term holders shows a strong trend. “If we look at the next six months, structurally the price is pretty strong. What makes me confident is the fact that really many coins have been moved to long-term owners who have held their coins for five months or more, and have thus achieved maximum accumulation. "


The Bitcoin price is currently at $ 46,000 and has been in an unexciting sideways movement since the beginning of December.


Brock Pierce – Bitcoin Kurs Prognose 200.000 USD in 2022

The American entrepreneur Brock Pierce is similarly bullish. According to him, rising inflation and the continued printing of fiat currencies should help the Bitcoin rate to new highs. Pierce anticipates that the BTC price will rise into the five-digit range in 2022 and could even form a new all-time high at $ 200,000 for a short time.


“I wouldn't be surprised if we saw a Bitcoin price of over $ 100,000. It is even conceivable that it will briefly exceed the US $ 200,000 mark. "


But not only the Bitcoin price should reach new record numbers, but also the general market capitalization of the crypto market. Bitcoin billionaire and former Bitmain CEO Jihan Wu told Forbes:


"We believe that crypto and blockchain together will grow rapidly to $ 10 trillion in the future."

My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange! 
BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free! 
LiteCoinPay - The #1 FaucetPay earner for Litecoin 
Upland - Collect Digital Properties & Test Your Skills
LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
FaucetPay - The #1 Microwallet Platform
FREEBTC - The #1 FaucetPay earner for Satoshi's
FaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
DogeFaucet - Dogecoin Faucet
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, USDT, FEY, 25 Claims Daily

Disclaimer of liability

All information contained on our website has been researched to the best of our knowledge and belief. The journalistic contributions are for general informational purposes only. Any action that the reader takes based on the information found on our website is entirely at your own risk. 

Comments

Post a Comment

Popular posts from this blog

The 5 largest platforms for non-fungible token (NFT) collectibles

  Since the beginning of 2021, non-fungible tokens (NFT) have had no holding back and the sector is setting new records almost every day.  More and more artists, stars and brands are realizing the potential - NFT are well on their way to catapulting the crypto space into the mainstream.  But which collectibles are currently the most popular? What are NFT? NFT are unique tokens that cannot be exchanged one-for-one for an equivalent token.  Any asset that is tokenizable can be an NFT.  This includes, for example, (digital) works of art, trading cards, game items and crypto domains.  Theoretically, however, real estate or securities can also be mapped as NFT. NFTs can be used to transparently map ownership structures on a public blockchain.  This allows them to store value just like real objects, even if additional copies are easy to make.  For example, the original picture of the Mona Lisa is significantly more valuable than a photo, as everyone kno...
11 comments
Read more

CARDALONIA: THE CARDANO METAVERSE OPENS THE GATES!

  Have you ever been to Cardalonia? With these words, the Cardano Metaverse called Cardalonia starts the gates. In this 3D world, developers and users can interact with each other. First of all, users have to create an individual character with which they can move online. After that you can enter one of the worlds built by developers with this character. You can also purchase your own land in the Cardano Metaverse via the marketplaces in Cardalonia . This is secured by Cardano's blockchain technology and therefore offers a relatively secure transfer of ownership. Since these are only digital plots of land, it is not yet entirely clear when the plots of land are purchased whether they can also be sold again in the future. A possible profit cannot be estimated at the moment. In Cardalonia, the cryptocurrency Lonia is used. The maximum amount of tokens in circulation is 100,000,000. The team consists of Alice Sand (Co-Founder), Vasil Air (CTO) and Dustan Water (Fullstack Developer). T...
Post a Comment
Read more

Cardano: This is the vision that founder Charles Hoskinson has

  The Altcoin Cardano has tended to decline in recent weeks.  The Alonzo upgrade was supposed to bring improvements, but it soon turned out to be a disappointment.  Cardano founder Charles Hoskinson presented his vision for the cyber motto in a live Twitter video. • Cardano in the last few months under pressure • Charles Hoskinson explains his Cardano vision via Twitter • Security and privacy at the center The cryptocurrency  Cardano  has had a difficult few months.  While founder Charles Hoskinson's cyber motto has had a strong run in 2021, it has been steadily downhill in recent months.  Cardano is faced with some difficulties.  The so-called Alonzo upgrade went live in mid-September, for which crypto fans had high hopes, but which soon turned out to be a disappointment.  The upgrade should make it possible to use smart contracts on the cryptocurrency as well.  It soon turned out, however, that although these were entered into Cardano,...
Post a Comment
Read more