Willy Woo is a market analyst and trader, he is a New Zealander, and he has 15 years of experience in founding multiple startups. Previously he was an angel investor and a famous trader during the decade of the 2008 world financial crisis. Now he has been among one of the most active cryptocurrency analysts. He tried his luck and bought his very first bitcoin in 2003, from which he dug into the so-called “Rabbit hole” of decentralized financial assets. His experience with cryptocurrency led him to create accurate Bitcoin pricing models.
His Bitcoin NVT ratio featured in leading global publications and research reports. In 2021 he introduced a new matrix, the “Supply Shock” valuation model, which forensically clustered the Bitcoin wallet addresses into distinct investors and then classified their coins as liquid, illiquid, and highly liquid based on the historical behavior of the investor.
At one point in January 2022 Bitcoin crashed to below $33,000, veering off from Woo's potential gain estimates. He pinned the fall on macroeconomic factors yet noticed that the market has been in a drawn-out re-aggregation stage. He added that the BTC cost would move in 2022 in the same manner it did from the $29,000-base in July 2021 and that the $10,000 to $60,000 cost rally after October 2020. Therefore, examiners expect the cost to arrive at another record high in 2022, somewhere in the range of $69,000 to $100,000 - or past.
He added that the BTC cost would move in 2022 in the same manner it did from the $29,000-base in July 2021 and that the $10,000 to $60,000 cost rally after October 2020. Therefore, examiners expect the cost to arrive at another record high in 2022, somewhere in the range of $69,000 to $100,000 - or past.