Unconfirmed: Strong Hands Aren't Selling Bitcoin. So Who Is? - Ep.249

Published: June 25, 2021, 7:30 a.m.

b'Will Clemente, author of the BTC by WC3 newsletter, breaks down the current state of Bitcoin\\u2019s on-chain activity and explains why he believes the market is in a mid-cycle lull rather than turning bearish. Show highlights:\\xa0\\n why Will is not worried about a bear market\\n what indicators make Will believe BTC is in a mid-cycle consolidation\\n who is selling and driving the recent market downturn\\n why Will thinks the unwinding of derivatives is a significant factor in Bitcoin\\u2019s move below $30K\\n what Will believe institutions are waiting on before entering the market again\\n how Bitcoin cycles can be broken down into mini hype-cycles\\n how long-term holders are acting on-chain\\n the difference between long-term holders versus short-term holders during bear and bull markets\\n why Will is interested in finding data on Latin American Bitcoin users\\n how long the consolidation process might take\\n what metrics Will has his eyes on for the latter half of 2021\\n \\xa0\\n Thank you to our sponsors!\\n Crypto.com: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2021\\xa0\\xa0\\xa0\\n Oasis: https://oasisprotocol.org\\n NEAR: https://near.org\\xa0\\n \\xa0\\n Episode Links:\\n \\xa0\\n Will Clemente\\n Twitter: https://twitter.com/WClementeIII\\n Newsletter: https://btcbywc3.substack.com/\\n \\xa0\\n Miscellaneous Links\\n Unchained w/ Willy Woo and Raphael Shultze-Kraft: https://unchainedpodcast.com/will-bitcoins-price-go-up-again-yes-according-to-on-chain-analytics/\\xa0\\n Willy Woo and Will Clemente ratio: https://twitter.com/woonomic/status/1407403983023460354\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'