“On-chain momentum is crossing into bullish. Prep for halvening front running here on in. The bottom is mostly likely in, anything lower will be just a wick in the macro view.” – Willy Woo
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Will Woo Tweet
On-chain momentum is crossing into bullish. Prep for halvening front running here on in. Can't say what this indicator is, as it's proprietary to @AdaptiveFund, but it tracks investor momentum. The bottom is mostly likely in, anything lower will be just a wick in the macro view. pic.twitter.com/WqiPRpweUv
— Willy Woo (@woonomic) December 7, 2019
There have never been this many addresses holding $btc in the history of #Bitcoin ?
The total number of bitcoin addresses that hold any amount of BTC has hit an all-time high at 28.39M addresses, surpassing the previous ATH of 28.38M (achieved on 1/10/18). (Data via @coinmetrics Pro)
Short thread ?? pic.twitter.com/y87ovxstWb
— Alex Thorn (@intangiblecoins) December 6, 2019
MILLENNIALS TRUST BITCOIN-BASED EQUITIES OVER MICROSOFT, DISNEY STOCK
Millennials Trust Bitcoin-Based Equities Over Microsoft, Disney Stock
Wow. 5th most common stock held by millennials is GBTC
Wow. 5th most common stock held by millennials is @GrayscaleInvest's Bitcoinhttps://t.co/EJIEhfTjHT pic.twitter.com/YAQy62E7kH
— Jeff Roberts (@jeffjohnroberts) December 6, 2019
If Bitcoin Looks Like It Isn’t Trading, It’s Because It Isn’t
https://www.wsj.com/articles/if-bitcoin-looks-like-it-isnt-trading-its-because-it-isnt-11575637204?mod=lead_feature_below_a_pos1
What is Gresham’s law?
Lindy Effect
https://twitter.com/MustStopMurad/status/1022169639386836992/photo/1
Treasury Secretary Mnuchin on Fedcoin, Libra and Bitcoin – 12/5/2019
https://old.reddit.com/r/Bitcoin/comments/e76m4f/treasury_secretary_mnuchin_on_fedcoin_libra_and/
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great video! shared also in twitter 🙂
I think you're correct when it comes to Greshams Law and its application to bitcoin, but there is one thing I am on the fence about with this analysis.
Adoption is still relatively paltry compared to the market at large. This will change, I believe, but right now like you said, it is a commodity of enthusiasts. A valuable trinket so to speak.
I'd also state that the fiat value of the Schilling in Gresham's scenario of the base metal coin versus the silver was one to one, whereas the comparison is difficult to make with bitcoin, whose fiat value isn't the same. This could be irrelevant, but I think it could be an issue with the analogy to USD/BTC
we are still talking about the 3100 btc level a year later
I'm counting on that wick so i can buy more cheaper but its really hard to tell. i don't think imo it hasn't bottomed yet
Lets say all the people storing their bitcoin on coinbase have had their bitcoins used or traded with. How could someone track the history or origin of their bitcoin to see where it has been?
Let's go shopping
I see the value going up in a few months, but with everybody getting bullish, that is when whales initiates huge drops. Keep a lookout
"We want to make sure this cryptocurrency isn't used for terrorism." (We already have the USD for that)
For god sake just hold your BTC. It is design to go up in value in terms of trash money. It is game called proof of wealth. The rest is centralized shit people can print.
?s up
So where do you guys see bitcoin is the short term? 1-3 months?
Actually I have it on good authority we are going back to 4.5k
See how many executives & CEOs have jumped ship from major corporations? Intertwined. A large spike and correction in the next 2 weeks before Christmas. Beware , remind these impulsive buyers about the fear of missing out and getting wrecked. Manipulation far from over as the Silver market gets its share. Disney stock , oh boy. Many problems will plague this and many other conglomerates. Remember the Bill Cosby syndrome will be playing a part in the next ? aka ? ?. So stoked for impeachment to it the senate ? and bad actors are called to testify in open court under oath. Rejoice. Boy are they stupid. The beginning of the end and the transition continues as the swamp is drained. This is a Global revelation. Light is coming. Transparency is their worst enemy. The public will soon see what the last 3 year push to oust the duly elected POTUS and the threat he represented to the corruption of the Gatekeepers. The very implication of the possibility of the Treasury to take over the role of the Federal Reserve Corporation is what we want even if you don't know it. No more profit hungry World measurement of DEBT piece of ? to rule or be the measuring stick of value. True value and free trade is the end goal under the new electronic economic system being launched. Now it's a foot race. Tick tock, must move fast. It is coming. The reset has begun. Hold on tight.
GOOD MORNING GUYS,.. STEEVIE MINOOCHKIE HAS THE STRANGEST LIPS, AND MOUTH AFFECTS I'VE EVER SEEN, ITS UNNERVING YET HYPNOTIZING. LOL.?
This is exciting. I am more confident it’ll drop and that’s when I’ll buy the dip
love willy!
I get my tips from pussy pooh she is an influential fund hedge manager
I personally don’t want bitcoin to run higher , let it consolidate. Meanwhile I would be staking those cheap sats
Right now the trend is down. Bitcoin not bullish until we close a weekly above 9500. If you’re dollar cost avg this is a good time for you.
In my Ass ?
Remember the last time they said that at $6000 – we dropped to $3100 – I hope Willy Woo is right – I love his charting analysis
Great video! Thank you so much for all the great content!
You inspired me to open a channel, I upload all the latest movie trailers.
Thank you once again for a great channel!
https://m.youtube.com/channel/UC1geZZNHbagXzHahbuTUn5A
Bull run won't happen until 2020-2021 monthly bullish divergence.
4rth?? 🙂
1st