Impartial crypto analyst Willy Woo, who blogs at Woobull.com, talks about the place he sees the worth of Bitcoin going over the following six months. (Trace: He makes use of the phrase “sideways.”) He additionally describes his idea of NVT Ratio, the Bitcoin equal of price-to-earnings ratio, and the way that helps decide whether or not bitcoin and sure different cash are over- or undervalued. We additionally talk about his 10,000-year view of cryptocurrency, and why he believes we’re solely 9 years away from half of the world utilizing Bitcoin.
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Hyperlinks for this episode:
https://woobull.com
Willy’s current tweets on the short-term future worth of Bitcoin: https://twitter.com/woonomic/standing/1000223528803762176
The Unconfirmed episode wherein Coinbase’s Adam White estimates conservatively, that $10 billion of institutional cash is ready to come back into crypto: http://unconfirmed.libsyn.com/coinbases-adam-white-on-a-momentous-day-in-crypto-ep023
Willy’s 10,000-year view of cryptocurrency:
Graphic: https://woobull.com/the-10-000-year-view-of-cryptocurrency/
https://woobull.com/the-state-of-crypto-markets-q4-2017/
NVT Ratio: https://woobull.com/introducing-nvt-ratio-bitcoins-pe-ratio-use-it-to-detect-bubbles/
NVT Sign: https://woobull.com/nvt-signal-a-new-trading-indicator-to-pick-tops-and-bottoms/