Willy Woo: Bitcoin's exponential bull market has not yet begun
2024-04-22 11:43:51
On April 22nd, crypto analyst Willy Woo tweeted that according to his BTC price model, Bitcoin's exponential bull market has not yet begun. He explained that the cycle is likely to be structured as a mix of strong demand in 2013 and the spot-dominated market in 2017. His model is based on a synthesis of three different price models: the VWAP price for on-chain "investor" volume, the realization price (cost basis), and the CVDD price for veteran sales (also known as the "bottom" model).
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