The year is coming to an end. Therefore, it is time for a little conclusion to the Bitcoin Performance of the year. In Parallel, we don’t want to look, of course, only in the past, but also a look at the coming year of throwing, among other things, also the Bitcoin Halving is pending. As a result, some analysts, such as PlanB, Martin Greenspan, or Willy Woo bullish. The latter revealed in a recent Tweet now is a ‘secret’ indicator, which points to a Bitcoin Bullrun.It is once again Monday, while some still carry the hangover of the weekend, and offers the other to a productive week. Regardless of which group you are, the News last week, you should not miss.
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Bitcoin Performance convinced in the year 2019
The year 2019 is almost to the end. And therefore, I would like to dwell in brief on the BTC Performance of the year, before we devote ourselves to the secret indicator.Bitcoin could use the year 2019 in a positive and not only from the course a technical point of view to achieve success. The developed fundamental data such as the hash rate is constant and in this year, new heights achieved. But the course itself was a cause for joy. Bitcoin closes from the current perspective, the year with a Performance of +96%. Out of the top 10 Coins, only the Binance Coin BNB, Bitcoin to outperform could.Since we will not have to deal too much with the past, we look rather to the future. And here’s Willy Woo, who is working as an On-Chain Analyst at Adaptive Fund has published a secret indicator.You are trading on the world’s leading Social Trading Platform, you join the millions of people who have already discovered how it smarter to invest by copying the best investors in our Community, or be copied and as a result, a second income can be achieved. Start now!
Willy Woo and the secret indicator
Woo has been in the past new indicators to the Best. So by him used metric is, for example, the Network Value to Transactions Ratio (short-NVT). As the Name already suggests, is set here, the transaction volume in Relation to the current Network Value. According to Woo, the On-Chain volume has now reached the ground and is in a reversal phase. Woo interprets this as the beginning of a coming Bullruns, and advises its followers already for the ‘Halvening Front Run’ ready.
On-chain momentum is crossing into bullish. Prep for halvening front running here on in. Can’t say what this indicator is, as it’s proprietary to @adaptive Fund, but it tracks investor momentum. The bottom is mostly likely in, anything lower will be just a wick in the macro view. pic.twitter.com/WqiPRpweUv Willy Woo (@woonomic) December 7, 2019
Due to the fact that the indicator ‘is a secret’, we can is bad, he is validated as meaningful. However, it is clear that the indicator of the investors-Momentum tracked. How exactly he does this is unknown to us. Woo seems to be with this indicator, however, very happy with it. He was convinced that, according to his own statement of the quality of the indicator, and trust, because everything else would eventually damage his Reputation’.
The Bitcoin Halvening and the Bullrun
Without these (nearly endless) discussion, re-open, I would like to comment again briefly on the topic of Halvings. The relevance and the Impact of the Halvings on the Bitcoin exchange rate is currently discussed very controversially in the Crypto-Community. While analysts such as Alex Krüger or the Bitmain Co-Founder Jihan Wu believe that the Halving was already priced in, say, other analyses, such as PlanB, Martin Greenspan or now also Willy Woo that it will lead to a Bullrun.In short: there is no clear picture of the mood on the impact of the upcoming Halvings on the Bitcoin exchange rate. Therefore, the most recent Post is from Willy Woo not more than one Post of many, sees the issue of Halving bullish. For the bearish side, we would find just as many arguments and Tweets. Explosive is also the recent publication of SwissRex, throw some of the assumptions of the Stock-to-Flow model of PlanB on the bunch and with its own complement. And so we are left with nothing at all the speculation to form our own opinion and to act accordingly. Which scenario will ultimately be received, we will know no later than a year from today.75 % of private CFD accounts lose money. No EU investor protection.Willy Woo, the secret indicator and a Bitcoin Bullrun? What is behind the indicator; he’s more than just hot air? Come in to our Telegram Chat and talk with the experts and the Community. Subscribe to our News channel to not miss any News.
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