Podcasts: Is the Cycle Going to Break? With Willy Woo - WBD403 🔗 3 years ago
- Category: Podcasts | What Bitcoin Did
- Author(s): Peter McCormack
- Published: 28th September 2021 11:49
Location: Remotely Date:Â Thursday 23rd September Company: Hypersheet Role: Co-Founder
Bitcoin's controlled supply schedule and the four-year halving has, historically, led to predictable and cyclical price action with huge bull runs and brutal bear markets.
Throughout the 2020/2021 bull market, people have been trying to predict bitcoin's price by comparing it to the 2013 'double pump' and 2017's parabolic top. However, this time the market is different.Â
With large corporations now acquiring Bitcoin for their treasuries, a nation-state adopting Bitcoin as legal tender and an ETF, in the United States, likely just around the corner, could it be the end of the four-year cycle?
In this interview, I talk to an on-chain analyst and the co-founder of Hypersheet, Willy Woo. We discuss whether Bitcoin is maturing, platforms vs protocols, decentralisation, and freedom.Â
