Crypto Analyst Willy Woo: Bitcoin Price Could Be in $300K–$400K Range by December

But also, I think that there are a lot of high-net-worth investors coming in here, coming to buy it in slugs of $1 million at a time.

“Essentially that gives us a little shove on the price if you’ve got half the amount of sell power from new coins being mined, you get a bullish impulse, and in all the past cycles it seems that that bullish impulse manifests into this crazy run up.

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