Why Bitcoin’s December Price Target Is Now ‘Above $300,000’- Ep.228

In an interview I moderated at Real Vision’s “Crypto Gathering,” Peter L Brandt, veteran trader and publisher of the Factor Report, and Willy Woo, prominent on-chain Bitcoin analyst and author of the “The Bitcoin Forecast,” a market intelligence newsletter, discuss Bitcoin charts, trading, and how Bitcoin is evolving as an asset. They cover:

0:00 - Welcome to Unchained
2:02 - why Peter believes that, with Bitcoin, we are watching history in the making and what a “parabolic advance” has to do with that belief
6:36 - the differences in trading Bitcoin, which trades 24/7/365, in comparison to a normal asset -- like a stock or commodity
8:37 - Willy’s price target for the top of this bull run
12:12 - why Willy thinks there is a Bitcoin supply shock
15:09 - the reason Peter does not think Bitcoin is a bubble
17:23 - why Willy believes we are witnessing the birth of a new monetary system
21:24 - the state of Bitcoin adoption and how fast adoption will grow
27:02 - Peter’s crypto journey and why he measures wealth in Bitcoin instead of dollars
31:33 - why Peter thinks we are prisoners of war to the fiat system and how Bitcoin fixes this
33:43 - what sort of volatility both Peter and Willy expect going forward from Bitcoin
39:35 - how Peter feels about the laser eyes trend on Crypto Twitter
41:33 - tips for aspiring chartists and traders

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Episode Links

Willy Woo
Twitter: https://twitter.com/woonomic
Website: http://charts.woobull.com/
Content
Unchained podcast appearances
https://unchainedpodcast.com/willy-woo-on-why-its-an-extremely-great-time-to-buy-bitcoin/
https://unchainedpodcast.com/willy-woo-how-bitcoin-reaches-up-to-300000-by-end-of-year/
Tweets
https://twitter.com/woonomic/status/1347127159538688002?s=20
https://twitter.com/woonomic/status/1345221723751206912?s=20
https://twitter.com/woonomic/status/1346827893322616833
https://twitter.com/woonomic/status/1356310219215699968
https://twitter.com/woonomic/status/1379804421823942656


Peter L. Brandt
Twitter https://twitter.com/PeterLBrandt
Website: https://www.peterlbrandt.com/about-us/
Content
Book
https://www.amazon.com/Trading-Commodity-Futures-Classical-Patterns/
Tweets
BTC
https://twitter.com/PeterLBrandt/status/1372380949695053824
https://twitter.com/PeterLBrandt/status/1374816381837799424
https://twitter.com/PeterLBrandt/status/1368593967059767297
Crypto
https://twitter.com/PeterLBrandt/status/1366810037084020736
USD
https://twitter.com/PeterLBrandt/status/1368903818201600009
https://twitter.com/PeterLBrandt/status/1368383829098913795

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