Podcasts Technology Crypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News 428: BITCOIN RISE TO $1 MILLION POSSIBLE THIS CYCLE, ACCORDING TO CRYPTO ANALYST WILLY WOO!!

428: BITCOIN RISE TO $1 MILLION POSSIBLE THIS CYCLE, ACCORDING TO CRYPTO ANALYST WILLY WOO!!

Published: Dec. 21, 2020, 6:16 p.m.

Popular on-chain analyst Willy Woo says Bitcoin ascending to the seven-figure mark this bull cycle is now within the realm of possibility.

In a new episode of the What Bitcoin Did podcast, Woo reveals his broad range of BTC price targets for the current bull cycle.

“It would need a very steep hockey stick but I can’t say that [$1 million BTC is] out of the question. I can say $100,000 is very conservative. I can say $200,000 is right on track, or somewhere between $100,000 and $200,000 is a very conservative sort of sweet spot…

$300,000 to $1 million is actually not much of a gap, believe it or not… It just reminds me of the moon and Mars metaphors. If you were to go to the moon, the amount of energy it takes you to get to the moon, it’s just a little bit extra to get to Mars. It’s a little bit like that on these charts.”

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