Willy | Crypto

On-chain analyst Willy Woo said Bitcoin’s current price range likely hasn’t bottomed yet, warning that the market could see further downside before a true cycle low forms. Bitcoin could experience a short-term rally that catches investors off guard before the broader downtrend resumes, according to on-chain analyst Willy Woo. “Bull trap forming,” Woo said in an X post on Saturday, referring to a fake breakout suggesting that the market is entering a sustained uptrend. He added that it may last “out to [the] end of April.” Woo said his outlook is based on liquidity conditions rather than price levels. “If capital comes back in force with the right type of long-term investors, then I'll happily change my views,” Woo said. Read more

Onchain analyst Willy Woo says markets are starting to price in the quantum threat, putting 4 million “lost” BTC and a 12‑year valuation uptrend versus gold into question. Onchain analyst and early Bitcoin adopter Willy Woo is warning that increasing attention to quantum computing risk is starting to weigh on Bitcoin’s long-term valuation case against gold. Woo argued in a Monday X post that markets had begun to price in the risk of a future “Q‑Day” breakthrough — shorthand for the moment when a powerful enough quantum computer exists to break today’s public key cryptography. Roughly 4 million “lost” Bitcoin (BTC) — coins whose private keys are presumed gone — could be dragged back into play, Woo argued, if a powerful quantum computer could derive private keys from exposed public keys, undermining part of Bitcoin’s core scarcity narrative. Read more

Bitcoin analyst Willy Woo says Bitcoin’s near term future is bright. CLARITY act may have a nasty surprise for XRP holders. Trade Secrets.

Bitcoin analyst Willy Woo says Bitcoin’s near term future is bright. CLARITY act may have a nasty surprise for XRP holders. Trade Secrets.

Bitcoin OG Willy Woo believes that his more recent investments have the potential for even higher returns than simply holding Bitcoin. Veteran Bitcoiner Willy Woo has done the unthinkable and cashed out most of his stack. Ive sold most of my Bitcoin now, the legendary onchain analyst cheerfully tells Magazine. But what on earth possessed the industrys best-known onchain analyst to give up on the hardest money known to man? Has he gone mad? It turns out that Woo believes he can make more money selling shovels during the gold rush, than buying gold, with most of the proceeds of his Bitcoin sales reinvested into Bitcoin infrastructure. The co-founder of crypto quant fund Crest explains that Bitcoins market capitalization is around $2 trillion, which means it probably has at best 50x growth to $100 trillion, which he believes will be near the ceiling. Woos thesis is that early-stage Bitcoin startups have the potential for even better returns from here on in. If you were to look at a Bitcoin venture, youve got, yo...