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:

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

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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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