The Psychological Barrier of a USD 100k Bitcoin
In this episode, Peter McCormack, host of What Bitcoin Did podcast, talks to on-chain analyst and the co-founder of Hypersheet, Willy Woo. They discuss moving price targets and some of the strategies and risks of trading.
1:29 Psychological Price barriers
2:38 Coinbase IPO pump?
7:14 Hoards of new Buyers
11:27 Fake Sell Walls
12:46 Where are we in the Cycle?
16:45 Cycle Price Targets
20:20 Hedging the HODL Bet
33:06 Willy's Price Bet
37:21 $100k Resistance?
39:57 Alt Season and Straddle Trades
43:20 Is Willy Trading Altcoins?
46:41 Willy's Hodl Stack
50:22 Conservative Strategies
55:32 Trading vs Saving
59:22 Getting Rekt Trading Alts
The episode was recorded on April 15, 2021.