A popular on-chain analyst said in a recent podcast appearance that Bitcoin would reach the $300,000 mark later this year as institutional buying continues to grow in recent times.
A $300,000 Bitcoin
On-chain analyst Willy Woo is a trader like few others. He uses Bitcoin’s own network data for predicting the market over colorful candlestick charts and obscure indicators.
Woo’s known for his big Bitcoin estimates. He called for a six-figure Bitcoin when few were convinced about the asset’s long-term success, pointing towards favorable blockchain data and transactional activity for those figures.
The reason for the numbers that #Bitcoin returns is that it’s a new tech startup with critical mass. But instead of it competing for a weenie slice of the economy like say Amazon or Tesla, it’s competing for the water in which it swims. That’s at least 100x bigger. https://t.co/CoLoRQpL5P
— Willy Woo (@woonomic) May 1, 2021
In a recent podcast, Woo reiterated his famous predict
Źródło: https://cryptoslate.com/why-this-on-chain-analyst-targets-a-300000-bitcoin-in-2021/
