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) Thank you to our sponsors! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2 Indexed Finance: https://indexed.finance/ Kyber Network: Dmm.exchange 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 Learn more about your ad choices. Visit megaphone.fm/adchoices