On-chain analyst and famous economist Willy Woo says that Bitcoin is now free from the cycle movements that occur every 4 years.
Willy Woo states that the leading cryptocurrency started a bull season as the halving periods approached, and when this bull season is over, it is no longer likely that it will experience a bear season until the next halving period.
Saying that Bitcoin no longer acts according to the old cycle rules, Woo shared his "Last Cycle" thesis with his followers in October. Underlining that according to this thesis, the wave movements on Bitcoin are shortened, Woo now conveys on the chart that Bitcoin will increase to $ 1 million in the long term with shorter waves.
Woo, who predicts $ 400,000 for 2025, is known for his long-term successful predictions, although he is wrong in his short-term Bitcoin predictions. Woo, who believes that the leading crypto money will reach $ 1 million as we approach the year 2030, says that he created this picture based on past movements.
While some experts consider it wrong for Willy Woo to analyze the leading cryptocurrency thanks to past movements, Will Woo emphasizes that it is stupid not to look at past cycle movements.
"I find it silly for investors who claim that past price performances do not help predict the future. The smartest investors come from successful history students."
Describing the thoughts of analysts, who say that the past does not give an idea about the future, as stupidity, Woo emphasizes that the smartest investors are among successful history students.
Bitcoin price hovers around $41.102 at the time of writing, with a 24-hour trading volume of $21,448,814.905. BTC price is down -0.7% in the last 24 hours. There is a circulating supply of 19 Million BTC coins, with a total supply of 21 Million coins. Binance is currently the most active market for BTC trading.