2021 Trading & On-Chain Review with Willy Woo - WBD442

Location: Remote
Date: Thursday 23rd December
Companies: Hypersheet
Role: Co-Founder


2021 has been a year like no other in Bitcoin. The market has
matured dramatically with increased institutional interest
following the Michael Saylor and MicroStrategy playbook, El
Salvador driving nation-state adoption and more sophisticated
market instruments with the launch of two US-based Bitcoin
futures ETFs.


The maturing of the market seems to have broken the typical
4-year cycle around the halving. No longer are we seeing huge
parabolic run ups and massive +80% sell-offs. Instead, we have
had much more complex price action throughout the year. After
hitting mid-$60,000s in May, we had a 50% correction followed by
months of consolidation before another run-up and a new all-time
high in November. 


Now, at the end of 2021, the bitcoin price is ~$50,000, and while
it is still the same price as it was in February, so much has
changed. So if the traditional market cycles are broken and we
are entering a new, more mature period for Bitcoin, what will
2022 bring?


In this interview, I talk to Willy Woo, an on-chain analyst and
Co-Founder of Hypersheet. We discuss how the price action in
2021, what to expect in 2022 & beyond and how the market has
matured.