Willy Woo Bitcoin - Are You Prepare For WHAT IS COMING? (BTC Tsunami)

Willy Woo Bitcoin - Are You Prepare For WHAT IS COMING? (BTC Tsunami)

In this video, Willy Woo explains what he means by the last cycle. He also shares his positive outlook for Bitcoin in the third quarter.

Here is the summary of the interview:

It's like this is the last of the four-year cycles. If you look at the price chart over the 12 years, you'll see we've had three prior cycles. And every one of those has done a huge run-up and a huge pull-back but retained the most of it. Once, it went from below $200 to later reach $20,000. It went down to $3,200 at the end of the year. The one before that was more carnage, and we waited for a year for it to come back.

The number of Bitcoin users is projected as 1 billion people in the next four years. Bitcoin adoption is even faster than any other network, including the internet and mobile network. If Bitcoin users grow to a billion and the growth rate nearly doubles every year, we'll see a fair chunk of the world using the network by the end of the decade.

Nation States don't like Bitcoin because they like to print their own money. But it's a new force that has come to challenge the current monetary standard.

What we mean by the last cycle is that it won't be too volatile anymore, and it's going to be a legitimate asset class that will be adopted by more and more people. Dan Held popularized the term 'the Supercycle'. Once we skip a cycle, the fundamental driver of the cycle is inconsequential in power. Next Wave is the big one that lasts for a decade and keeps going up.

There have been I'm big individuals and institutions buying Bitcoin unannounced. Recently, there were two major buys in billion of dollar class. One was around $33,000 two months ago and the other was four weeks ago. And September will be an interesting time when those third-quarter reports come out.

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