Bitcoin Bull Market Strategy - Feb ‘21 Trading Update with Willy Woo

In this interview, I talk to on-chain analyst and the co-founder of Hypersheet, Willy Woo. We discuss the Tesla & MicroStrategy news, the recent drop in price and what retail entering the market will mean for bitcoin.

WHERE TO FIND THE SHOW
→ My website: https://www.whatbitcoindid.com/podcast/
→ iTunes: https://apple.co/2OOlzVV
→ Spotify: https://spoti.fi/2ygc4W1
→ Stitcher: https://bit.ly/2IQO8fX
→ SoundCloud: https://bit.ly/2CGSVQR
→ YouTube: https://bit.ly/3nyi9Ez
→ TuneIn: https://bit.ly/2ywystr

LISTEN TO OLD EPISODES
→ By guest: https://www.whatbitcoindid.com/guests/
→ By topic: https://www.whatbitcoindid.com/topics/
→ Transcriptions: https://www.whatbitcoindid.com/transcriptions/

SUPPORT THE SHOW
→ https://www.whatbitcoindid.com/sponsorship/
→ Become a Patron: https://www.patreon.com/whatbitcoindid/
→ Subscribe on iTunes
→ Leave a review on iTunes
→ Share the show out with your friends and family on social media
→ Drop me a line on hello@whatbitcoindid.com

WHERE TO FOLLOW ME:
→ Twitter: https://twitter.com/whatbitcoindid/
→ Medium: https://medium.com/@whatbitcoindid/
→ Instagram: http://instagram.com/whatbitcoindid/
→ Facebook: https://www.facebook.com/whatbitcoindid/
→ YouTube: https://www.youtube.com/whatbitcoindidpodcast
→ Website: https://www.whatbitcoindid.com/
→ Email list: https://www.whatbitcoindid.com/subscribe/

LEARN ABOUT BITCOIN & CRYPTO:
→ Step by Step Guide: https://www.whatbitcoindid.com/beginners-guide
→ Training: https://www.whatbitcoindid.com/training/
→ Resources: https://www.whatbitcoindid.com/resources/

****

“Buy the dip is the main thing you want to do, and the only time you really want to consider selling the top is the macro top.”
— Willy Woo

Location: Remotely
Date: Monday 22nd Feb
Company: Hypersheet
Role: Co-Founder

Since last month's episode with Willy Woo, bitcoin went from ~$30,000 to a new all-time high of over $58,000. This price action came on the back of a couple of massive announcements:

Tesla added $1.5bn of bitcoin to its company treasury.

MicroStrategy announced a raise of $600m in a convertible senior note sale to buy bitcoin before reassessing and increasing the raise to $900m. Upon completion of the raise, the company estimated the proceeds to be close to $1.05bn

The bitcoin market cap broke through $1 trillion

While corporations are still driving the bitcoin price, Willy Woo believes that we have entered a new phase of the bull market and that retail traders have arrived. As stated in his recent newsletter: "Bitcoin's blockchain is seeing 20,000 new users per day, this is a sudden 3x increase over the normal 5,000-10,000 per day previously. It's a very sure sign that retail investors are now coming in. They typically start ramping up in numbers during the middle phases of bull markets."

In this interview, we discuss the Tesla & MicroStrategy news, the recent drop in price and what retail entering the market will mean for bitcoin.

Видео Bitcoin Bull Market Strategy - Feb ‘21 Trading Update with Willy Woo канала What Bitcoin Did