Bitcoin hitting $200K by December 2021 is now ‘conservative’ — Willy Woo

Bitcoin hitting $200K by December 2021 is now ‘conservative’ — Willy Woo

BTC/USD is more likely to reach $300,000 in a year's time, the popular analyst says, thanks to an "amplified bullish feedback loop." Bitcoin (BTC) hitting $300,000 in just one year’s time is “not out of the question,” popular statistician Willy Woo says.In a series of tweets on Dec. 1, Woo stated that he has “never been so bullish” on Bitcoin’s prospects for 2021.Woo eyes "amplified bullish feedback loop"Discussing potential price trajectory, he confirmed that he was looking at six figures by December next year. “My Top Model suggesting $200k per BTC by end of 2021 looks conservative,....


Related News

Chipotle’s ‘Buy the Dip’ Game Plans to Reward Players With $200K in ETH, BTC,...

Chipotle Mexican Grill, often referred to as simply Chipotle, has announced a new cryptocurrency game that encourages fans to “Buy the Dip.” The game aims to give away over $200K in crypto rewards and coupons for specific foods priced at a penny. Chipotle Returns With Another Crypto-Infused Contest In April 2021, Bitcoin.com News reported on the American fast-food chain Chipotle (NYSE: CMG) giving away free burritos and bitcoin (BTC) to celebrate National Burrito Day. The giveaway was featured as a game that visitors could play in order to win a BTC or burrito....

A Bot Named Willy: Did Mt. Gox's Automated Trading Pump Bitcoin's Price?

There is more speculation today that bitcoin's November 2013 surge and Mt. Gox's trading volumes were built in part on fraudulent trading activity - specifically via a bot that serious traders have dubbed "Willy". Bitcoin's price on Mt. Gox rocketed from around $200 in early November to its $1,236 all-time high on 4th December, exciting early adopters and causing analysts to go into fits over the cause: was it Chinese speculation on that country's fee-free exchanges? Or perhaps a mass exodus to digital currency after its resistance to government seizure was noted during the Silk Road....

On-Chain Analyst Says Bitcoin Could Hit $200,000 in 2021

According to Willy Woo, a prominent on-chain analyst, Bitcoin is likely going to move toward $200,000 to $300,000 in the coming year. He cited a technical price model that has accurately predicted some key inflection points in Bitcoin’s price history. Bitcoin Could Hit $200,000 in the Coming Year: Willy Woo According to Willy Woo, a prominent on-chain analyst, Bitcoin is likely going to move toward $200,000 to $300,000 in the coming year. Referencing the chart […]

Stock-to-Flow Creator Says ‘$288K Still in Play,’ Mike McGlone Sees an ‘Ace u...

The popular Twitter account and creator of the bitcoin stock-to-flow (S2F) price model explained that “$288K [is] still in play.” Meanwhile, data from the exchange Deribit shows there’s 425 bitcoin call options with a strike price of $200K set for December 31, 2021. Plan B Says: ‘$288K Still in Play’ On June 12, 2021, while bitcoin (BTC) prices have been hovering just above the $35K zone, the popular Twitter account Plan B (@100trillionusd) told his 553,000 followers that six-figure bitcoin prices are still intact. Plan B is a pseudonym and he published the....

Bitcoin price hits $30,000 milestone for the first time ever

Just two weeks after tackling $20,000, Bitcoin passes the $30,000 mark on the second day of 2021. Bitcoin (BTC) hit a fresh psychological landmark on Jan. 2 as the new year kicked off to a flying start for hodlers.BTC/USD weekly candle chart (Coinbase). Source: TradingviewBTC price wastes no time in 2021Data from Cointelegraph Markets, Coin360 and TradingView showed BTC/USD clinch $30,000 during trading on Friday.After hitting new all-time highs of $29,700 overnight, the pair showed no signs of weakness, retesting the level several times before a final breakout occurred.The area....