Silmapaistev krüptoanalüütik ütleb, et Bitcoin võib novembrist alustada

Popular trader and on-chain analyst Willy Woo says Bitcoin is poised to “go nuts” in the coming months as a result of increased accumulation by long-term holders. 

During an interview on a recent episode (released on August 27) of the “What Bitcoin Did” podcast, Woo said that long-term holders and institutions — those with wallets holding Bitcoin dormant for at least five months — were approaching peak accumulation. Woo called the accumulation for Bitcoin a “macrocycle thing” and said it occurred during both the 2015 and 2019 price bottom. 

As teatatud by The Daily Hodl, Woo said, 

We’re moving into a peak, and we will be at the peak at current rates by next month. That means peak accumulation. 

According to Woo, a period of peak accumulation would lead to short-term sideways trading before generating another price run. He highlighted last October’s price run that started at $10,000 before ultimately taking Bitcoin to its last all-time high above $60,000.

Using the cryptoasset’s historical price movements, Woo predicted the next run would start in November, saying “this thing is going to go nuts.”

Woo claimed on-chain data was indicating a different bull run for Bitcoin compared to previous cycles, saying it was less likely to end a single massive surge. He said data from investors indicated the boom-and-bust cycle was not likely to repeat and downplayed a December sell-off that has historically followed each of Bitcoin’s previous price tops. 

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Autori või selles artiklis mainitud inimeste avaldatud seisukohad ja arvamused on üksnes informatiivsed ning need ei kujuta endast finants-, investeerimis- ega muud nõuannet. Krüptokassettidesse investeerimine või nendega kauplemine kätkeb endas rahalise kahju ohtu.

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Source: https://www.cryptoglobe.com/latest/2021/09/prominent-crypto-analyst-says-bitcoin-could-go-nuts-starting-in-november/