Crypto analyst Willy Woo: The exponential Bitcoin bull market has not yet begun
According to Foresight News, crypto analyst Willy Woo said that according to the BTC price ratio model, the exponential Bitcoin bull market has not yet begun. He believes that the current cycle may be structurally a mix of the 2013 (strong demand) and 2017 (spot-dominated) cycles, with 2020 being a washout year for derivatives controls. The BTC price model released by Willy Woo is the comprehensive result of the relative movements of 3 different price models, including: 1. VWAP price (on-chain "investor" transaction volume); 2. Realized price (cost basis); 3. CVDD price ( Veteran selling, also known as the "bottom" model).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SpaceX (SPCX.US) revenue doubles and plans to merge with Tesla (TSLA.US), Super Micro Computer (SMCI.US) sees explosive growth in performance
SpaceX reported revenue of $14.58 billion in Q3, and Elon Musk revealed that merger discussions with Tesla are underway; Super Micro Computer's preliminary results exceeded expectations, with shares rising 15.6% after hours. The Dow Jones surged more than 500 points, while Netflix dropped over 5% after hours due to weak guidance.
SpaceX (SPCX.US) Financial Report Reversal: SI Revenue Slightly Up with Marginal Profit, Link Dominates Major Profit Share
SpaceX's Q3 financial report shows revenue increased by 161%, turning losses into profits. SI contributed three-quarters of the incremental revenue, though with thin margins, while Link contributed 85% of operating profit. Capital expenditure guidance for the next quarter is $35-40 billion, mainly allocated to SI infrastructure.
More Than Just Rumors! SpaceX (SPCX.US) and Tesla (TSLA.US) Begin Merger Talks as Musk Bets on AI Super Synergy
Elon Musk stated that both SpaceX and Tesla have established special committees to discuss merger matters. His response that "merger is a good idea" publicly supports this concept, which could potentially create one of the world's most valuable companies.
Crypto prices
More
