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Grayscale's 33% GBTC Premium Signals “Outrageous” Institutional Demand For Bitcoin, says Willy Woo

Grayscale's 33% GBTC Premium Signals “Outrageous” Institutional Demand For Bitcoin, says Willy Woo

Grayscale Bitcoin Trust's (GBTC) premium on Bitcoin has risen to 33%, indicating “outrageous demand” for BTC from institutional investors as its price consolidates at $23,000.

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Bitcoin’s Adoption Rate Puts Price at $100,000 by the end of 2021 and 30% of the World Owning BTC in 4 Years

Crypto analyst Willy Woo recently highlighted that with the Bitcoin adoption rate witnessed in history, 30% of the world would own Bitcoin in 4 years' time.

Strong Hands Have Been Pushing Bitcoin Price Steeply Upwards Since Q4 2020, says Crypto Analyst

Strong Hands Have Been Pushing Bitcoin Price Steeply Upwards Since Q4 2020, says Crypto Analyst

Popular market analyst Willy Woo has revealed that strong hands are the engine behind the current Bitcoin bull run because serious investors have been buying every dip.

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst

Investors See Bitcoin as a Long-Term Investment, says Crypto Analyst

Despite the current price correction, on-chain analyst Willy Woo has revealed that Bitcoin’s velocity is higher than that of funds allocated for spending it.

Bitcoin’s Bull Market Is Just Warming Up as Indicated by Large Outflows and Institutional Interest

Bitcoin’s Bull Market Is Just Warming Up as Indicated by Large Outflows and Institutional Interest

Veteran on-chain analyst Willy Woo believes that BTC is getting ready for the next bull run as more users are trickling in.

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

Bitcoin Price Model Suggests BTC to Reach $200,000 by the End of 2021 Despite Recent Dump

However, upon attempting to reach $20,000 again, Bitcoin was rejected and has plunged below $19,000, and is currently trading at $18,581.

Hong Kong Vending Machines Accept Bitcoin Cash not Bitcoin Boasts Roger Ver

Hong Kong Vending Machines Accept Bitcoin Cash not Bitcoin Boasts Roger Ver

Bitcoin Cash (BCH) advocate Roger Ver recently took to Twitter to highlight a Hong Kong vending machine which accepts BCH and Ether as payment options but not Bitcoin. After asking why BCH was preferred over BTC, Ver was accused by popular YouTube Bitcoin influencer Tone Vays and trader Willy Woo of paying for Bitcoin’s omission.

Bitcoin Suffers Mild Drop but Analyst Who Predicted Decoupling Expects BTC Price to See Bullish Uptrend

Bitcoin Suffers Mild Drop but Analyst Who Predicted Decoupling Expects BTC Price to See Bullish Uptrend

After almost two weeks of a steady uptrend, Bitcoin (BTC) is now trading over 4 percent lower from its high in 2020. What's next for BTC?

Bitcoin Gains Strong Momentum as It Surpasses the $48K Barrier

Bitcoin Gains Strong Momentum as It Surpasses the $48K Barrier

BTC has gained its momentum, as acknowledged by crypto analyst Joseph Young because it is up by 6.1% in the last 24 hours to trade at $49,001 at the time of writing,

Bitcoin Price Surge Fueled by a Wave of Institutional Money but BTC Whales Flash Warning Signs

Bitcoin Price Surge Fueled by a Wave of Institutional Money but BTC Whales Flash Warning Signs

As Bitcoin has witnessed yet another record high, its rally is most likely fueled by the institutional adoption in the recent months and days.

Less Than 2% of the World Has Had Exposure to Bitcoin but BTC to be One of the Fastest Climbs in History

Less Than 2% of the World Has Had Exposure to Bitcoin but BTC to be One of the Fastest Climbs in History

According to an on-chain analyst only less than 2% of the world's population own Bitcoin.

Active Bitcoin Addresses Hit Third-Highest Level in November

Active Bitcoin Addresses Hit Third-Highest Level in November

The number of active BTC addresses hit the third-highest level in November at almost 19.6 million Bitcoin wallets.

Gold Prices Rally Higher While Bitcoin Fails to Reach $11,000, What’s Next for BTC?

Gold Prices Rally Higher While Bitcoin Fails to Reach $11,000, What’s Next for BTC?

While gold prices have recorded an all-time high this year, surpassing $2,000 per ounce, prices have dipped again lately.

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