The Bitcoin Forecast by Willy Woo

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#forecast 035 : The return of the speculator
willywoo.substack.com

#forecast 035 : The return of the speculator

Oct 8, 2021
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Share this post
#forecast 035 : The return of the speculator
willywoo.substack.com

Dear subscribers,

Welcome to The Bitcoin Forecast #35.

My last letter, written when BTC was at $41.2k, outlined an expectation of price action inside the range of $39k-$47k. Instead, price rallied as high as $55k on strong speculative buying on exchanges. This was against a backdrop of relatively mild activity by investors seen on-chain. Regardless, the n…

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