Willy Woo Explains Rationale For Why He Sees $200K Bitcoin By December 2021

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Willy Woo Explains Rationale For Why He Sees $200K Bitcoin By December 2021 As Actually Pretty Conservative

Bitcoin cracking $200,000 by the end of next year is conservative and the asset surging to as high as $300K in just a year’s time is “not out of the question”.

This is according to crypto statistician Willy Woo who delivered a fresh outlook for the bitcoin price on Tuesday. 

Bitcoin has come a long way since plunging to the $3,000s in March. The bellwether cryptocurrency registered a record high close to $20,000 on Monday and has appreciated by over 175% this year alone.

Yet, analyst Willy Woo believes bitcoin still has more runway for gains. In a three-part Twitter thread on December 1, Woo indicated that the cryptocurrency clocking $200,000 is indeed “conservative”.
It is worth noting that Willy Woo is not the only one who thinks bitcoin could rally exponentially in this bull cycle.

Winklevoss twins recently told CNBC’s Squawk Box that there is a high likelihood that bitcoin surges 25 times from the current prices. The Gemini co-founders have in the past penned a detailed blog post explaining why they think bitcoin could reach $500,000 in the coming years.

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