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Topic: Bitcoin prices are going to moon according to Willy Woo (analyst) (Read 301 times)

sr. member
Activity: 2660
Merit: 339
We have been getting stuck at above 6k for a while now, we have tried so many times to break above it, we have actually peaked around 6.8k once as well, that looked like it wouldn't go down under 6k but it did so we are still under what we need to be right now, we backed up and went down again after that as well, so we are still having some hard time after going up so much, this means there are buyers but there are sellers as well.

We need to stop sellers, I don't know if it is just making money during this time, I don't know if they are scared, I don't know their motive on why they sell their bitcoins but if we make sure that they don't sell as soon as we go above 6k, we could actually stay there. That is what we need right now, protect the gains and minimize the losses.
hero member
Activity: 1932
Merit: 506
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Quote

“Dump then [the] moon,” he tweeted. “We are undergoing flight to safety right now, BTC is looking for its bottom. But know that once the bottom is in there are strong bullish pressures ahead. It’s this economic environment in the years ahead that Bitcoin was built for.”


The above tweet was tweeted by Willy Woo who’s an analyst, and according to the author he had correctly predicted that bitcoin prices will crash.

Quote

Willy Woo, an on-chain analyst who in 2018 forecasted that investors would unwind their leveraged bitcoin positions to seek safety in the US dollar, says the cryptocurrency is looking for a bottom.


Now the same analyst believes that bitcoin prices are bound to shoot upwards, and I’m hoping his prediction comes true like the last one did. What are your thoughts on his predictions, and I’ll be honest I normally don’t like to believe what analysts generally have to say, but I’m trusting my gut and believing in his prediction.

Read the article here: https://www.newsbtc.com/2020/03/18/statistician-who-predicted-bitcoin-crash-says-its-price-will-moon/
It is normal that there are many analyst that are predicting that bitcoin will likely to go to moon by this year but this scenario will take a lot of time to become reality. No one dislikes once the bitcoin will go to moon but because of this kind of prediction many newbies are losing hope to crypto currencies as they easily give up once they see that the market is going in opposite direction instead of going to moon.

But let's just hope that this prediction will likely to hit so we can meet again the bull by this year so we can fully shift to the different market and for the market to become alive again.
hero member
Activity: 2828
Merit: 518
If he is right, it for sure people will get happy. But if he got wrong and the market still the same today or even worse, people will get mad him and not to believe him anymore.

Of course, we want the market to be skyrocketing again but somehow there is no magic to bring it back. A lot of market speculation having to say to the moon again and again but have we are already in that speculation? We really at far and the reality remains that the market is certainly unpredictable, everything will happen at no time.
sr. member
Activity: 534
Merit: 295
The analyst Willy Woo had previously predicted that the price of bitcoin would drop below 4,000 dollars and he had successfully fulfilled his forecasts , He said that the price of bitcoin will rise after the halving and I trust that as the main goal of this event is to accompany the value of bitcoin, but it may not prompt this quickly and needs a gradual rise.
hero member
Activity: 2184
Merit: 531
I like Willy but he is usually bullish. He often shares his prediction on Tone's channel and Tone is a bit too bearish for my taste while Willy is like that breath of fresh air in every bear market Cheesy

I hope he's right. There's not many things that I'd like to see more than Bitcoin back at 20 thousand.

Let's wait and see what happens. If you don't have any Bitcoins just get some. Even a small amount like 100 dollars worth. At least you'll be able to say you bought at the right time if things turn out the way they should.
legendary
Activity: 2968
Merit: 3684
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Yeah, it looks like it is prime to moon nowadays, I have told people not to sell their coins and I have told many people that bitcoin will not be as badly affected as the other things and many of them believed me, that is the good part.

Sometimes I tell people to be bullish about bitcoin and they ignore me because they think it will go down or they think I don't know what I am talking about and I understand that, you don't have to trust a total stranger with your money and that makes sense, but this time around when I told people that bitcoin will go back up, many of them agreed, which means they weren't thinking about bitcoin going down, they were already thinking the same thing that I was thinking which is the reason why many people agreed so quickly with me on being bullish.

I wouldn't be telling anyone to do anything in particular except to really just follow their own heart;)

I could never want to feel responsible for any of their decisions, and I think this is the concept that needs to be hit home hard and fast. If you really want to start using Bitcoin, it's important to know that it's money you and only you should control. If you want to start handling that responsibility, then you gotta start wanting to make your own calls with regards to bitcoin investment too.

But to each their own, I guess. Always gotta have the guys who want to follow and agree, and maybe in the end it's good for them.
member
Activity: 868
Merit: 16
I think this market will be dead if there is no speculation/prediction anymore. The price of bitcoin will move baser on some speculation that spread on the market. If you don't believe, bitcoin price is increase at this year because there are a lot of people who consider that halving event will push bitcoin price up. So you are free to believe other people prediction moreover if it is good prediction foe bitcoin price.

But you have to be carefull, don't make it as your benchmark. If your intention to invest based on someone else prediction then you have to compare what other people prediction don't only trust one prediction. But for me, it will be hard to believe someone else prediction because there is no one who will know what the future of bitcoin price is.
legendary
Activity: 1652
Merit: 1483
According to his website: https://woobull.com/about/

Quote
Since mid-2017, we've seen the price-action signature of quant funds on the BTCUSD market, the infrastructure to capture vast institutional money is now ready. Meanwhile, I myself advise a VC fund and am a Partner at Adaptive Capital.

adaptive capital literally just went belly up. they're closing after getting destroyed by the recent crash: https://www.theblockcrypto.com/post/59343/crypto-hedge-fund-adaptive-capital-is-shutting-down-after-it-took-a-big-hit-during-last-weeks-bitcoin-price-plunge

so for what it's worth, willy woo just got rekt.......
hero member
Activity: 2870
Merit: 594
According to his website: https://woobull.com/about/

Quote
Since mid-2017, we've seen the price-action signature of quant funds on the BTCUSD market, the infrastructure to capture vast institutional money is now ready. Meanwhile, I myself advise a VC fund and am a Partner at Adaptive Capital.



You just have to look behind the motives of these so called 'expert' predictors, behind they have their own narrative as to why they wanted to see the price grow so much. Because obviously, once BTC goes to the moon, all their investments will have a massive boost as well.

legendary
Activity: 2996
Merit: 1132
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Yeah, it looks like it is prime to moon nowadays, I have told people not to sell their coins and I have told many people that bitcoin will not be as badly affected as the other things and many of them believed me, that is the good part.

Sometimes I tell people to be bullish about bitcoin and they ignore me because they think it will go down or they think I don't know what I am talking about and I understand that, you don't have to trust a total stranger with your money and that makes sense, but this time around when I told people that bitcoin will go back up, many of them agreed, which means they weren't thinking about bitcoin going down, they were already thinking the same thing that I was thinking which is the reason why many people agreed so quickly with me on being bullish.
sr. member
Activity: 1638
Merit: 278
I strongly believe that Bitcoin is strong and it’s going to recover after this fall, and that’s the same thing with other assets that were affected by the current situation, they will all recover when the time is right.

For now the world has focused more on solving the issues at hand and once it goes down, people will start trading again and the market will start growing. Bitcoin is doing well, at least has been able to retain its price around the $6000 price rate, though there are some downs at times, it still quickly gets back to that usual growth rate which may get accelerated later by the hype of upcoming halving. I believe halving will be the enough catalyst to land bitcoins to moon in coming months.
sr. member
Activity: 1498
Merit: 326
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Covid-19 second wave is coming. Prepare for the dump. Did you take your vaccine already?
Not so sure about that. Many analyst have different perspective when it comes to price prediction, some of them depends on technical analysis and more are purely depends on fundamentals that really make some fud and shills. This is what I dont like on crypto, if there someone who predicted what would it be the price later, many will react as if they also know what could be the real price. Right now were on $6k price and some thinks it will fall down, but what is happening is the reverse. Hedge or not for fiat still vague to depend on speculation such as this guy saying.
legendary
Activity: 2114
Merit: 2248
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The price of bitcoin is on the increase since it crashed to below $4k and it has been steadily gaining momentum. It could go higher in the coming days and weeks, but I don't think we will moon very soon, at least not until the final quarter of this year or early next year.
Of course, considering the fact that we are facing a pandemic anything can happen to the financial markets in the coming weeks.

I have been thinking about the possibility of arbitrage opportunities opening up as countries emerge from this crisis period in different states of course.
sr. member
Activity: 1638
Merit: 261
His predictions might be realistic or just another baseless predictions but I have made up my mind that I will never go by any predictions as it has failed us on numerous instances and moreover we cannot blame the experts or analysts as well because they do their best to predict but crypto market does not follow any pattern and it doesn't take long time for things to change here.

Let's just follow the market trend and our own analysis with a bit of luck.
sr. member
Activity: 1400
Merit: 347
This looks more like a nickname for another ghost "analyst", which nobody have heard about before. Just another attempt from the hodlers cult to scam you into buying, when the price is pointing to $1000 and you can scoop out six times more coins later.

Covid-19 second wave is coming. Prepare for the dump. Did you take your vaccine already?
legendary
Activity: 2884
Merit: 1117
That is what the real thing is, what we are going to live in the future, that is how bitcoin shows its difference. Just to give an example, when stocks crashed bitcoin went down as well, stocks are not recovered all that much, yesterday bitcoin peaked at around $6.8k for example, that is literally just 10% lost of what used to be, that's it, only a 10% drop from the start of this bad days to yesterday, sure it is lower again today but that is correction most probably, we will go up again to those levels, 7k will be easy.

So, as you can see it is not how we do not drop like stocks, because we do, but it is about how we recover a lot better, when bitcoin is 10k+ and over the price of what it used to be before this starts, stocks will be basically still asking for bail outs.
sr. member
Activity: 994
Merit: 257
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I wish that he is also right about this one the price of Bitcoin is going up slowly.
Maybe there could be a bull run in the up coming weeks or months we could never know but let's hope that his prediction could come true again.
Most of the business right now are taking a huge lost because of this covid19 I hope that crypto would be our way to recover some of those lose.
hero member
Activity: 2716
Merit: 552
That's a long set up I guess. Waiting for the perfect moment to come out after he made a tweet for almost 2 years ago, and reveal himself with another prediction.
Anyone could predict, but still cryptocurrency is unpredictable and nobody knows how the market moves.
Nevertheless, Bitcoin is bound to skyrocket after this huge slump. There were always a recovery phase and if lucky a bull run will initiate.
legendary
Activity: 2912
Merit: 1068
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Nice prediction but I don't think that is going to happen. We've already seen such hopes for super high Bitcoin price but that didn't happen.
Also, I don't think that in current situation it's very realustic to expect big pump of Bitcoin price but maybe that could be possible few months after all this corona crisis is gone and economies in many countries will be affected so Bitcoin might become an alternative.
sr. member
Activity: 1176
Merit: 301
Let's just hope that he is right but I also think that we would start to climb now.
I don't know how high but the price could start to grow soon because of the anticipation of halving and due to the people who would take advantage of the dump.
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