Analyst Willy Woo routinely shares his take on Bitcoin's trajectory, suggesting a good chance that BTC has already hit its price low. He further signals a potential rivalry with the US dollar, predicting Bitcoin could experience significant growth over a few years. The WOO Network is reportedly embracing meme coins and launching first-ever tokenized U.S. Treasury Bills for retail investors. However, issues such as the WOOFi Swap Hack, which resulted in a loss of $8.5 million in WOO Tokens, raise concerns. BTC's correction towards $39,000 is likely, but Woo also foresees a strong 2024 due to a perfect storm of factors. In partnerships with Wintermute and GMCI, WOO X introduced index perpetual contracts, and there are speculations about BlackRock's funds potentially flowing into digital assets. The forecasts are based on factors such as Bitcoin ETFs, investor interest, miner actions, and more, all which could propel the price of Bitcoin and directly or indirectly impact the WOO Network.
WOO Coin News Analytics from Mon, 18 Sep 2023 07:00:00 GMT to Thu, 27 Jun 2024 20:02:27 GMT -
Rating 5
- Innovation 7
- Information 6
- Rumor 4