Dear subscribers, On-chain activity and price action has been making loud noises in the last 48 hours. In my last letter we saw the largest impulse of coins changing hands in recent history coinciding with an influx of new users unseen since 2017; a seriously bullish setup. Since then price has rallied from $13k, topping out at $16k.
Hey Willy, Thank you very much for your outstanding data research. Once the data shows that BTC will make a consolidation or correction, you will update your forecast at the first time, right? Because I want to wait until a pullback point, buy as much BTC, and hold for a long time. Have a great day!
I find myself often expecting abrupt 20-40% corrections just around the corner, and I've been selling too frequently to preserve dollars while hoping to stack sats after the correction. It's caused me to miss out on some of this run; while gaining dollars I have lost sats (and I'm hating myself for it, haha). It seems like a lot of CT is calling for revisiting $11-12k, or even lower. Do you think with the increasing number of large long-term investors (PTJ, MicroStrategy, Square, etc), higher number of hodlers, or any other changes to the market you may know of, that those steep corrections in a bull market may become more muted -- say 10-15%? Any advice on how to stop being ever-fearful of large corrections?
My other question is regarding countries turning to BTC to avoid sanctions (e.g. Iran). Do you think this could prompt the US (or other countries) to ban bitcoin? I know that a ban wouldn't work, but it would still tank the price drastically. My hope is that banning it now would come at too high of a cost in collateral damage, with so many big, legitimate players involved. I know that's not on-chain analysis but I thought maybe it's something you've discussed in your circles. Thanks.
Willy, I went through your past tweets to see if you shared your portfolio crypto allocation but didn't find it.
Have you already shared it?If so, can you please share it again or at least share one ALT project you are into (you mentionned Radix recently)? I understand it's not a finanial advise but it would help the community to compare with our own wallets.
Also, what is your thought with ETH overperforming BTC in the coming Bull Run?
Tips: could be a great option if in your letter for premium members you share your portfolio allocation.
I had planned to subscribe in the coming weeks but the fact that I have to be a paid subscriber to post a question made me make the move. Awesome.
So, I have three short questions (i understand it's not financial advise by any mean).
1/ There are two models among the bitcoin community about the length of this cycle: some predict the BTC to follow the same pattern as the previous cycles in terms of length, with a BTC reaching 100K in 2021 (Plan B model).
Others see a lengthning cycle with a BTC reaching 100K more in 2023 based on the the-logarithmic-growth-curve.
2/ Current price level is 15,5K. Based on where we are in the cycle, does it still exist a possibiliy for the BTC to pullback to 10-12K in the coming weeks/months?
After such an increase the past days/weeks + some of your data showing that we are in overbought territory, should we wait for a pullback to buy lower or agressively place market buy orders?
Since your "consolidation update", I still do not buy in yet, do you think at this current price, it is still good to deploy my new capital for middle and long term hodl? thanks
please help me with that one (my friend is losing his mind with this coin) and so do I :)
in the past you mentioned litecoin is oscillator (vs BTC) just like doge etc.. and not degen coin like ont for example..
what is your view on ltc? its one of the oldest alts still around.. does his history play a role and maybe some ogs still like ltc? do they see chikuns coin for multiply btc or not?
Damn Willy your last mega bull btc call was Epic!! Btc Still Mooning 😀
Thanks for the update. This whole squeeze that is about to happen with these coins is going to be so fun to watch play out. Enjoy the weekend!
A huge fan of your work Willy. Great info. Thank a ton!
Great info Willy, keep up the good work
Hey Willy, Thank you very much for your outstanding data research. Once the data shows that BTC will make a consolidation or correction, you will update your forecast at the first time, right? Because I want to wait until a pullback point, buy as much BTC, and hold for a long time. Have a great day!
Do you feel this BTC bull cycle we see a similar 60-80% decline after the peak?
If so, how will the Bitcoin Forecast plan to advise subscribers that a peak may be near?
Hey Willy, a couple questions:
I find myself often expecting abrupt 20-40% corrections just around the corner, and I've been selling too frequently to preserve dollars while hoping to stack sats after the correction. It's caused me to miss out on some of this run; while gaining dollars I have lost sats (and I'm hating myself for it, haha). It seems like a lot of CT is calling for revisiting $11-12k, or even lower. Do you think with the increasing number of large long-term investors (PTJ, MicroStrategy, Square, etc), higher number of hodlers, or any other changes to the market you may know of, that those steep corrections in a bull market may become more muted -- say 10-15%? Any advice on how to stop being ever-fearful of large corrections?
My other question is regarding countries turning to BTC to avoid sanctions (e.g. Iran). Do you think this could prompt the US (or other countries) to ban bitcoin? I know that a ban wouldn't work, but it would still tank the price drastically. My hope is that banning it now would come at too high of a cost in collateral damage, with so many big, legitimate players involved. I know that's not on-chain analysis but I thought maybe it's something you've discussed in your circles. Thanks.
Willy Are u expecting the 100k$ btc Top next year?🤔👍
Willy, I went through your past tweets to see if you shared your portfolio crypto allocation but didn't find it.
Have you already shared it?If so, can you please share it again or at least share one ALT project you are into (you mentionned Radix recently)? I understand it's not a finanial advise but it would help the community to compare with our own wallets.
Also, what is your thought with ETH overperforming BTC in the coming Bull Run?
Tips: could be a great option if in your letter for premium members you share your portfolio allocation.
Big Fan here Willy.
I had planned to subscribe in the coming weeks but the fact that I have to be a paid subscriber to post a question made me make the move. Awesome.
So, I have three short questions (i understand it's not financial advise by any mean).
1/ There are two models among the bitcoin community about the length of this cycle: some predict the BTC to follow the same pattern as the previous cycles in terms of length, with a BTC reaching 100K in 2021 (Plan B model).
Others see a lengthning cycle with a BTC reaching 100K more in 2023 based on the the-logarithmic-growth-curve.
https://medium.com/max-exchange/bitcoin-the-logarithmic-growth-curve-by-dave-the-wave-a2ef93b02df1
=> What is your position?
2/ Current price level is 15,5K. Based on where we are in the cycle, does it still exist a possibiliy for the BTC to pullback to 10-12K in the coming weeks/months?
After such an increase the past days/weeks + some of your data showing that we are in overbought territory, should we wait for a pullback to buy lower or agressively place market buy orders?
Thank you,
Since your "consolidation update", I still do not buy in yet, do you think at this current price, it is still good to deploy my new capital for middle and long term hodl? thanks
Hi, Woo. I'm really enjoying your forecast newsletter.
I read your latest tweet of RSI 365. It's unbelievably similar pattern, I agree.
I wonder if pattern repeats, would it mean we will see significant pullback toward the end of 2020 or early 2021? I'm looking forward final injection.
https://twitter.com/woonomic/status/1326570813491875840
$btc is now £17.2k, and RSI has remained overbought for ~15 days. Is a pullback near?
Thanks a lot Willy for the help with your answers 👍
Hei Willy, if you have some books or articles to recommend about crypto or risk management I would be gladfull. Thanks anyway for forecasts.:)
hey willy goat..
please help me with that one (my friend is losing his mind with this coin) and so do I :)
in the past you mentioned litecoin is oscillator (vs BTC) just like doge etc.. and not degen coin like ont for example..
what is your view on ltc? its one of the oldest alts still around.. does his history play a role and maybe some ogs still like ltc? do they see chikuns coin for multiply btc or not?
will ltc play a role in the future of cryptos?