On-Chain Analyst Willy Woo Reveals Bitcoin Exit Strategy – Here’s His Timeline and Price Target

On-Chain Analyst Willy Woo Reveals Bitcoin Exit Strategy – Here’s His Timeline and Price Target


Bitcoin on-chain analyst Willy Woo is revealing the window of time during which he believes Bitcoin will hit its bull market peak.

In an interview on the What Bitcoin Did Podcast, Woo predicts that Bitcoin’s current bull cycle will likely end in December of this year.

Working under this assumption, Woo believes that Bitcoin will hit a high of $300,000 during this bull market.

Trending: Why Is President Trump Pushing The Vaccine? Some Thoughts…

“[Bitcoin] is sort of ball-parking $200,000-$300,000 if you assume the end is in December. And now it looks like $300,000 minimum is the trajectory. So you know it can go further up or it can go down a bit if we have… it depends on how the price action swings over the rest of this year.”

The on-chain analyst discusses his strategy for avoiding massive losses once Bitcoin finally loses steam and reaches its peak.

Woo explains that, in an ideal world, one would not sell their BTC positions on the way up to

Continue reading

You Might Like

Do NOT follow this link or you will be banned from the site!
Thanks for sharing!
Send this to a friend