Connect with us


Strong Hands Aren’t Selling Bitcoin. So Who Is?



Will Clemente, author of the BTC by WC3 newsletter, breaks down the current state of Bitcoin’s on-chain activity and explains why he believes the market is in a mid-cycle lull rather than turning bearish. Show highlights: 

  • why Will is not worried about a bear market
  • what indicators make Will believe BTC is in a mid-cycle consolidation
  • who is selling and driving the recent market downturn
  • why Will thinks the unwinding of derivatives is a significant factor in Bitcoin’s move below $30K
  • what Will believe institutions are waiting on before entering the market again
  • how Bitcoin cycles can be broken down into mini hype-cycles
  • how long-term holders are acting on-chain
  • the difference between long-term holders versus short-term holders during bear and bull markets
  • why Will is interested in finding data on Latin American Bitcoin users
  • how long the consolidation process might take
  • what metrics Will has his eyes on for the latter half of 2021

Thank you to our sponsors!   



Episode Links:

Will Clemente



Miscellaneous Links

Unchained w/ Willy Woo and Raphael Shultze-Kraft: 

Willy Woo and Will Clemente ratio:

The post Strong Hands Aren’t Selling Bitcoin. So Who Is? appeared first on Unchained Podcast.

Source link

Continue Reading
Click to comment


This site uses Akismet to reduce spam. Learn how your comment data is processed.