On-Chain Analyst Willy Woo Updates Bitcoin Bear Market Outlook, Says BTC Can Collapse Fiat System at Certain Price

Leading on-chain analyst Willy Woo is making a prediction for when the current Bitcoin (BTC) bear market could reverse course. Woo tells his one million Twitter followers that he thinks the BTC bear market will be longer than the one in 2018, but shorter than 2015. “The main question I have is how long this cycle’s accumulation zone will be. Judging from all the blow ups, it’s more akin to 2013 with the Mt. Gox collapse (Remember 90%+ of BTC was traded there). I suspect it will be longer than 2018 but shorter than 2015.” Woo shares a chart showing