Bitcoinâs (BTC) path to new all-time highs is a hotly contested topic amid the recent market pullback.
However, prominent analyst Willy Woo is doubling down on his bullish Bitcoin forecast.
At the same time, the eco-friendly Green Bitcoin (GBTC) project is generating significant buzz during its ongoing presale, having already raised over $6.7 million from eager investors.
Willy Woo, a well-known crypto analyst with over one million followers on X, believes Bitcoin will rebound soon.
In a series of tweets over the past few days, Woo has reassured investors that the current pullback is simply a pit stop on Bitcoinâs path to another all-time high (ATH).
On March 18, he shared a âlong timeframe risk signalâ heâs been developing, which measures capital inflows into Bitcoin against price volatility.
Based on Wooâs analysis, the signal indicates that last weekâs high does not represent a market top.
Instead, he suggests that the market is consolidating before Bitcoinâs rally continues.
He followed that up on March 19 with an equally bold take, stating that based on the âBitcoin Macro Indexâ metric, he wouldnât be surprised if Bitcoin reaches another ATH by mid-2024.
Woo even floated the idea of a âdouble pump cycleâ playing out, with BTC potentially setting another record high in 2025.
These bullish predictions are providing relief to Bitcoin bulls, who are witnessing the first major pullback since the coin hit an ATH of $73,750 on March 14.
Michael Saylor, CEO of MicroStrategy, shares Willy Wooâs optimistic outlook on Bitcoin.
The long-time Bitcoin proponent continues putting his money where his mouth is, raising even more funds to add to MicroStrategyâs massive BTC treasury.
On March 18, Saylor announced that MicroStrategy had completed a $603.75 million offering of convertible senior notes due in 2031.
The proceeds will be used to acquire additional BTC, adding to MicroStrategyâs existing holdings which already make up over 1% of Bitcoinâs circulating supply.
Just minutes after the debt offering, Saylor tweeted that the company had purchased another 9,245 BTC at an average price of $67,382 per coin.
MicroStrategy now holds a jaw-dropping 214,246 BTC â acquired at an average price of $35,160.
Saylorâs appetite to buy more Bitcoin provides further confirmation that major players are undeterred by the current pullback.
With Woo and Saylor both maintaining their long-term bullish outlooks, it seems the Bitcoin bull market may be about to ramp back up.
While Bitcoin itself is drawing bullish forecasts from analysts, another crypto project making waves is Green Bitcoin, which is in its presale phase.
The eco-friendly token has already raised $6.7 million from investors eager to get in early.
Green Bitcoinâs presale success demonstrates the growing demand for environmentally conscious crypto projects.
Using Proof-of-Stake instead of Bitcoinâs energy-intensive Proof-of-Work mining, Green Bitcoin promises to be a much more sustainable crypto asset.
However, its innovative âPredict-to-Earnâ model is generating even more excitement.
GBTC holders can earn rewards by accurately forecasting Bitcoinâs price movements through a gamified prediction platform.
Holders can also stake their tokens and earn a base yield of 89% annually.
This first-of-its-kind approach has caught the attention of several crypto analysts.
YouTubers like Matthew Perry and ClayBro have already begun highlighting Green Bitcoinâs potential, with Perry pointing out that the project is âturning headsâ in the market.
With a solid tokenomics structure that allocates GBTC for presale buyers, staking, marketing, liquidity, and community rewards, early investors believe the token could be primed for a price pump once listed on exchanges.
As investors seek the next big thing in crypto, Green Bitcoinâs eco-friendly credibility and earning opportunities could make it one to watch.
Visit Green Bitcoin Presale
Disclaimer: The above article is sponsored content; itâs written by a third party. CryptoPotato doesnât endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
The token Green Bitcoin (GBTC) has no affiliation and is not associated in any shape or form with Grayscaleâs Bitcoin Trust.
Readers are also advised to read CryptoPotatoâs full disclaimer.
The post Analyst Predicts Bitcoin Price Will Reach New ATH Soon with Green Bitcoin Also Expected to Rise appeared first on CryptoPotato.
However, prominent analyst Willy Woo is doubling down on his bullish Bitcoin forecast.
At the same time, the eco-friendly Green Bitcoin (GBTC) project is generating significant buzz during its ongoing presale, having already raised over $6.7 million from eager investors.
Willy Woo Predicts Bitcoinâs March to New ATH
Willy Woo, a well-known crypto analyst with over one million followers on X, believes Bitcoin will rebound soon.
In a series of tweets over the past few days, Woo has reassured investors that the current pullback is simply a pit stop on Bitcoinâs path to another all-time high (ATH).
On March 18, he shared a âlong timeframe risk signalâ heâs been developing, which measures capital inflows into Bitcoin against price volatility.
Based on Wooâs analysis, the signal indicates that last weekâs high does not represent a market top.
Instead, he suggests that the market is consolidating before Bitcoinâs rally continues.
He followed that up on March 19 with an equally bold take, stating that based on the âBitcoin Macro Indexâ metric, he wouldnât be surprised if Bitcoin reaches another ATH by mid-2024.
Woo even floated the idea of a âdouble pump cycleâ playing out, with BTC potentially setting another record high in 2025.
These bullish predictions are providing relief to Bitcoin bulls, who are witnessing the first major pullback since the coin hit an ATH of $73,750 on March 14.
Michael Saylor Doubles Down on Bitcoin with $600m Purchase
Michael Saylor, CEO of MicroStrategy, shares Willy Wooâs optimistic outlook on Bitcoin.
The long-time Bitcoin proponent continues putting his money where his mouth is, raising even more funds to add to MicroStrategyâs massive BTC treasury.
On March 18, Saylor announced that MicroStrategy had completed a $603.75 million offering of convertible senior notes due in 2031.
The proceeds will be used to acquire additional BTC, adding to MicroStrategyâs existing holdings which already make up over 1% of Bitcoinâs circulating supply.
Just minutes after the debt offering, Saylor tweeted that the company had purchased another 9,245 BTC at an average price of $67,382 per coin.
MicroStrategy now holds a jaw-dropping 214,246 BTC â acquired at an average price of $35,160.
Saylorâs appetite to buy more Bitcoin provides further confirmation that major players are undeterred by the current pullback.
With Woo and Saylor both maintaining their long-term bullish outlooks, it seems the Bitcoin bull market may be about to ramp back up.
Green Bitcoinâs Predict-to-Earn Model Gamifies Crypto Price Forecasting
While Bitcoin itself is drawing bullish forecasts from analysts, another crypto project making waves is Green Bitcoin, which is in its presale phase.
The eco-friendly token has already raised $6.7 million from investors eager to get in early.
Green Bitcoinâs presale success demonstrates the growing demand for environmentally conscious crypto projects.
Using Proof-of-Stake instead of Bitcoinâs energy-intensive Proof-of-Work mining, Green Bitcoin promises to be a much more sustainable crypto asset.
However, its innovative âPredict-to-Earnâ model is generating even more excitement.
GBTC holders can earn rewards by accurately forecasting Bitcoinâs price movements through a gamified prediction platform.
Holders can also stake their tokens and earn a base yield of 89% annually.
This first-of-its-kind approach has caught the attention of several crypto analysts.
YouTubers like Matthew Perry and ClayBro have already begun highlighting Green Bitcoinâs potential, with Perry pointing out that the project is âturning headsâ in the market.
With a solid tokenomics structure that allocates GBTC for presale buyers, staking, marketing, liquidity, and community rewards, early investors believe the token could be primed for a price pump once listed on exchanges.
As investors seek the next big thing in crypto, Green Bitcoinâs eco-friendly credibility and earning opportunities could make it one to watch.
Visit Green Bitcoin Presale
Disclaimer: The above article is sponsored content; itâs written by a third party. CryptoPotato doesnât endorse or assume responsibility for the content, advertising, products, quality, accuracy, or other materials on this page. Nothing in it should be construed as financial advice. Readers are strongly advised to verify the information independently and carefully before engaging with any company or project mentioned and do their own research. Investing in cryptocurrencies carries a risk of capital loss, and readers are also advised to consult a professional before making any decisions that may or may not be based on the above-sponsored content.
The token Green Bitcoin (GBTC) has no affiliation and is not associated in any shape or form with Grayscaleâs Bitcoin Trust.
Readers are also advised to read CryptoPotatoâs full disclaimer.
The post Analyst Predicts Bitcoin Price Will Reach New ATH Soon with Green Bitcoin Also Expected to Rise appeared first on CryptoPotato.
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