Is Bitcoin in a Bear Market?
In this interview, Peter McCormack, host of What Bitcoin Did podcast, talks to on-chain analyst and the co-founder of Hypersheet, Willy Woo. They discuss the reliability of on-chain data and TA, miners moving out of China and whether we have entered a bear market.
Episode timestamps:
00:00:00 Introduction
00:02:47 Was Willy wrong?
00:07:19 Predicting the future
00:09:31 The coming price recovery
00:17:08 Extreme FUD
00:19:15 The dump before the pump
00:21:32 Hashrate drop
00:24:42 Hashrate follows price
00:26:22 Actions of the Fed
00:28:27 GBTC
00:35:32 Death Cross
00:37:24 Mempool
00:39:47 Bear market?
00:42:06 Super Cycle
00:44:14 Microstrategy
00:51:23 Rick Astley is back
00:52:56 Leverage
00:57:19 Getting REKT
The episode was recorded on Thursday 24th June, 2021.