March 29, 2024

Willie Wu advises not to sell bitcoins yet

Willie Wu advises not to sell bitcoins yet

“This year we will witness explosive growth in the price of Bitcoin (BTC)”, – said renowned analyst Willy Wu.

"It would be crazy to sell bitcoin right now."

According to the analyst, the current four-year cycleBitcoin is different from the past thanks to institutional companies like MicroStrategy and Tesla, which are actively buying BTC and, according to them, are not going to sell it anytime soon.

He also admitted that after an abnormally strong growth, a sharp drop in prices would follow.

Recall that earlier analyst Peter Brand also expressed the opinion that Bitcoin still has room for growth. However, at the end of the race, he also waits for a rollback of at least 80%.

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