Cover art for podcast Unconfirmed

Unconfirmed

169 EpisodesProduced by Laura ShinWebsite

Events in crypto take place at warp speed. This weekly crypto podcast reveals how the marquee names in crypto are reacting to the week’s top headlines. With host Laura Shin, the guests also discuss what they’re thinking about these days and reveal what they believe is on the horizon in crypto. Discl… read more

38:04

Willy Woo on Why It's 'an Extremely Great Time to Buy Bitcoin' - Ep.148

Willy Woo, on-chain Bitcoin analyst and writer of “The Bitcoin Forecast,” a market intelligence newsletter, discusses how the Bitcoin markets have been changing amidst what may be a forthcoming ebbing of derivatives exchanges and a revival of the importance of spot exchanges. In this episode, he covers:

  • what the PayPal news means when there are currently only 23.4 million holders on chain, and only 101 million active unique accounts at centralized exchanges
  • why "old hands" in Bitcoin have been changing their behaviors recently, selling at bottoms, rather than tops
  • how derivatives exchanges have influenced Bitcoin price action 
  • why price moves in Bitcoin are likely to be less volatile going forward
  • how he's detecting the purchase of Bitcoin off spot exchanges by whales and corporate treasuries
  • how these shifts are affecting crypto infrastructure players
  • how the price of Bitcoin moves for every dollar invested and what his projection is based on that
  • why, as the price of BTC rises, he's currently seeing HODLers holding tighter than ever
  • by when he believes we'll see sovereign wealth funds investing in Bitcoin
  • by when he says we'll see a $50,000 Bitcoin
  • why the Bitcoin NVT ratio indicates it's an "extremely great time to buy Bitcoin"
  • why he doesn't focus much on ether, how he thinks it will perform under Ethereum 2.0 and why things could change if Ethereum Improvement Proposal 1559 is implemented and transaction fees end up being burned

 

Thank you to our sponsor!

Crypto.com: http://crypto.com

 

Episode links:

Willy Woo: https://twitter.com/woonomic

The Bitcoin Forecast: https://willywoo.substack.com

His charts and models: http://charts.woobull.com

 

PayPal news: https://www.reuters.com/article/paypal-cryptocurrency/update-1-paypal-to-open-up-network-to-cryptocurrencies-idUSL1N2HC0PL

 

Willy's tweet about dormancy: https://twitter.com/woonomic/status/1318154088635224065

 

Willy on how coins on spot exchanges are dropping: https://twitter.com/woonomic/status/1313798080236380160?s=20

 

Willy on NVT ratio: https://twitter.com/woonomic/status/1315839269148086272

Willy on ETH: https://twitter.com/woonomic/status/1313099814041653248?s=20

Educational emoji reaction

Educational

Interesting emoji reaction

Interesting

Funny emoji reaction

Funny

Agree emoji reaction

Agree

Love emoji reaction

Love

Wow emoji reaction

Wow

Are you the creator of this podcast?

Verify your account

and pick the featured episodes for your show.

Listen to Unconfirmed

RadioPublic

A free podcast app for iPhone and Android

  • User-created playlists and collections
  • Download episodes while on WiFi to listen without using mobile data
  • Stream podcast episodes without waiting for a download
  • Queue episodes to create a personal continuous playlist
RadioPublic on iOS and Android
Or by RSS
RSS feed
https://unconfirmed.libsyn.com/rss

Connect with listeners

Podcasters use the RadioPublic listener relationship platform to build lasting connections with fans

Yes, let's begin connecting
Browser window

Find new listeners

  • A dedicated website for your podcast
  • Web embed players designed to convert visitors to listeners in the RadioPublic apps for iPhone and Android
Clicking mouse cursor

Understand your audience

  • Capture listener activity with affinity scores
  • Measure your promotional campaigns and integrate with Google and Facebook analytics
Graph of increasing value

Engage your fanbase

  • Deliver timely Calls To Action, including email acquistion for your mailing list
  • Share exactly the right moment in an episode via text, email, and social media
Icon of cellphone with money

Make money

  • Tip and transfer funds directly to podcastsers
  • Earn money for qualified plays in the RadioPublic apps with Paid Listens