Popular onchain analyst Willy Woo has predicted a potential bitcoin price surge to $650,000 at the bull market’s peak. His prediction hinges on spot bitcoin exchange-traded fund (ETF) investors fully deploying their assets based on recommendations from asset managers. “These are very conservative numbers. Bitcoin will beat gold cap when ETFs have completed their role,” he stressed.
Bitcoin ETFs Fuel $650K Bitcoin Price, Says Analyst
Popular onchain analyst Willy Woo shared his analysis on social media platform X on Monday following the news of Hong Kong’s regulator approving spot bitcoin and ethereum exchange-traded funds (ETFs). Meanwhile, U.S. spot bitcoin ETFs, launched in early January, continue to attract significant inflows.
Commenting on the impact of spot bitcoin ETFs on the price of BTC, the analyst explained:
The new bitcoin ETFs bring price targets of $91K at the bear market bottom and $650K at the bull market top once ETF investors have fully deployed according to asset manager recommendations.

“These are very conservative numbers. Bitcoin will beat gold cap when ETFs have completed their role,” he added. However, the analyst noted that his price estimates are not targets for this cycle because “it takes a long time for capital deployments to complete.”
Explaining his “back of the envelope calculations,” Woo detailed that asset managers manage about $100 trillion and they generally recommend a 2% allocation in portfolios, citing Fidelity as an example. “This number will rise over time, but today it’s a $2T allocation into BTC,” he pointed out.
“BTC currently holds $561,159,959 of investment (we can measure this on-chain), new total will bring it to $2.56T of investment,” Woo continued. “We can use MVRV [Market Value to Realized Value] to calculate market cap vs money invested. This ratio is 5x in bull market tops and 0.7x in bear market bottoms.”
The analyst emphasized:
This translates to capitalisations of $12.8T and $1.8T respectively or $650K and $91K per coin.
Noting that he has excluded other self-custody inflows which “are way bigger right now,” he said his method is “absolutely a lower bound estimation.” Woo concluded: “Bitcoin will certainly exceed gold capitalisation by the time asset manager capital has deployed. Gold went on a 12-year bull run when its ETF was approved, now it’s bitcoin’s turn.”
What do you think about the analysis by Willy Woo? Let us know in the comments section below.
i think he was high while doing t.a
#beyoglu #btc #bitcoin

Ready, set… plan? In this guide, we discuss why you need to plan your trading before trading your plan. Let’s roll.

Table of Contents:
»Importance of a Trading Plan
»The Successful Trading Plan Doesn't Exi...
»What's in a Typical Trading Day?
»Markets, Strategies and Styles
»Summary

Venturing into trading without a plan is akin to setting sail on the ocean without a compass. Or taking the leap without looking first 😉. We can keep the metaphors rolling but if there’s one thing you must remember from this word salad of an article, it’s this: success in trading is possible with a plan. Without a plan, not so much.

In this guide, we'll talk about the importance of creating a trading plan, what you should include in it, and how to follow it.

📍Importance of a Trading Plan

A trading plan is not just a list of dos and don’ts; it's the roadmap to trading success. Here's why it matters:

➡️Streamlines Your Actions: Much like a roadmap, a trading plan outlines your objectives, time frames, strategies, and risk management techniques, and offers a clear path forward.

➡️Limits Emotional Swings: By defining rules and parameters in advance, a trading plan helps to keep emotions in check, limiting impulsive actions that could lead to financial pitfalls.

➡️Fosters Discipline: Sticking to a plan holds you accountable for your actions and allows you to see where you jump out of your rule book and into undisciplined FOMO-driven pump-chasing revenge trading.

📍The Successful Trading Plan Doesn't Exi...

Many traders believe that you can be successful by buying and selling random selections of stocks, forex pairs, or commodities. However, the reality is that the most — if not all — successful traders have one thing in common: a well-defined trading plan. Here's what makes for a successful trading plan:

☝🏽Adaptability: A successful trading plan is not rigid but flexible, allowing for adjustments in response to changing market conditions.

☝🏽Consistency: A plan helps you stay on track toward your goals as a trader, allowing you to stick to predefined rules and strategies, especially when things get hot and volatile.

☝🏽Continuous Improvement: A successful trading plan is a work in progress. The more time you use it, the higher probability you will have to refine it as you drift along diverse assets, all swayed by different factors.

📍What's in a Typical Trading Day?

A typical trading day is a blend of preparation, execution, and reflection. And while you should leave room for new ideas, fresh approaches, and some surprises, there are mainstay components that you need to have in your trading plan.

📰Reading the News: Staying in the know is always a good idea. For many successful traders, the first thing to do is check what’s the latest on the news front. Known as fundamental analysis, reading the news and doing your research will help you get a sense of investor sentiment.

Moreover, you can stay ahead of the curve and anticipate big market moves by following the economic calendar. Lots of those sharp swings you see in forex or stocks are caused by regular data dumps such as the monthly US nonfarm payrolls report. The Federal Reserve’s decisions on interest rates or the monthly Consumer Price Index are also keys to anticipating volatility.

And what better place to follow all that’s moving markets than the TradingView News section?

📈Following the Charts: if you’re here, this one won’t be too new to you. Chart reading, known as technical analysis, is one of the oldest ways to analyze anything — from stocks to crypto and even frozen orange juice.

Think of a chart as your trading canvas. It’s your space to be creative, draft ideas, look for technical patterns and formations, and anticipate potential moves. Observing the chart and watching how prices behave will help you spot where a trend may form, extend, or reverse.

Some of the most popular technical formations include double tops and bottoms, head and shoulders, cup and handle, and more. And some of the most popular technical indicators include the Simple Moving Average (SMA), the Relative Strength Index (RSI), and the Fibonacci sequence.

⚒️Work on Your Skills: Trading doesn’t have to glue you to the screen in constant monitoring of every blip. If you don’t see anything to trade, don’t trade just for the sake of it. Sometimes the best trading position is no position at all.

Instead, use some of your idle time to build out your knowledge base. Grab some books on technical analysis or trading psychology. Or watch interviews of successful traders and investors and gain that educational edge to help you become a more aware, informed, and confident trader.

🏖️Take a Break: Not everything you do needs to be related to productivity gains and trading improvement. Stare into space or read a great novel. Take your mind off trading and unwind, let the steam off, and recharge your batteries.

Go out, enjoy a walk or do some people-watching. Taking time to zone out every now and then will help you get back to trading sharper, smarter, and more balanced.

📍Markets, Strategies and Styles

The world of trading is as diverse as it is dynamic, offering a flurry of markets, strategies, and trading styles to explore. Here's a glimpse into the landscape:

💹Markets: Traders can choose from a variety of financial markets, including stocks, forex, and cryptocurrencies, each with its unique characteristics and opportunities.

When you set out to create your trading plan, think carefully whether you want your portfolio to be concentrated into any one market or asset class. Or maybe you’d like to go for a diverse approach to trading and pull in assets from several markets.

Knowing what your asset preference is will help you phase out markets so they don’t distract you.

🎯Strategies: From technical analysis to fundamental analysis, you can adopt various strategies to identify trading opportunities and manage risk, ranging from trend following to mean reversion.

News trading is a popular approach to markets as it allows you to bet on economic reports, geopolitical events, central bank updates, and more. On the other hand, technical traders tend to stick to the chart in efforts to gauge price movements and trends. Every chart tells a story. Deciphering it is the tough part.

🌈Styles: Trading styles are equally important and they’re all tied to a specific time frame of holding your positions. If you’re more into short-term trading, you may pick scalping and target a few pips of gains before jumping out of your trade.

Day trading and swing trading are two popular time-sensitive trading strategies that you may want to explore when building out your trading plan.

📍Summary

Your trading plan should be exactly that — yours. Tailor it to your specific goals, risk orientation, asset preference, and find out how it stacks up against market conditions.

That way, you can navigate the markets with confidence and direction, instead of letting markets sway your decision making and lead you into uncharted waters. Embark on your trading journey armed with a well-crafted plan, and let it be your roadmap to trading success.

#beyoglu

Damn so i just started like 4 weeks ago to trade with memecoins bcs i saw the fam coin on instagram and it looked like a pretty cool ideea invested without doing any research, pretty cool i gathered some money to pay for smth at my highschool, after that the next allowance i invested in something pretty small, 20 dollars, it got up to 250 but the greed of me didnt let me to take out "naah wait till 500 to buy a laptop", after that it dropped to 100 and i got scammed with a new coin. i decided im no quitter so first i lost another 20 dollars to bonkbotsuper i think bcs apparently you have to add 1 sol to use it, not less, then 40 dollars to get rugged. anyway, dont want this to happen to more people so:
Dont set yourself goals on what you wanna do with the money from it, you re just gambling even more, even 2x is amazingDont listen to anyone from tg groups, they are indoctrinated, brainwashed to tell you only "hodl" "jeeters" "lfggg" " dont fade us" "work for your bags" "never been in a community stronger than this" "a memecoin with this narrative easily can reach 1 billion marketcap" and motivational speeches that are fcking hilarious because its literally a gamble and so on, bcs who would've guessed what something does to people where money is involvedif you just got on leave brother as soon as possible these guys know the game better than anyone they have put a big monopol and are farming money out of poor bastards like us, they use bots that are too fcking op, know people, have a large amount of money so they can pump and dump so easily because everyone follows the biggest investment.no fcking japan or usa is waking up and investing "pumping this up to the moon" everything they say its meant to give you a false sense of fomo just to wake up and see it with less marketcap.there are so many ways to get rugged, scamed, farmed and so more its just such a dangerous place.
i felt like someone had to say it, and cant tell you how stressful this period was for me, i cried i yelled i was so sad and sucked out of life and i couldnt just stop looking at those *ucking charts ( it seems like im retarded but that money is a lot in romania, with 250 dollars in could live for a month and buy a whole lotta clothes at he same time), from 1 and a half hour a day before investing to 6 hours a day after, which im sure it severly injured my brain (mostly the retarded tg groups) .
after all that, i still get the urge to invest more, i feel that i have at least to make my money back, but its never going to happen, i hope my dumb reptile brain realises that im supposed to take my loses and quit.
if youre a coin sniper and can make a pretty good profit from all of this, congratulations, hope to meet you someday and tell me about your life cause it sure is great, coinsniping seems the most profitable and easy way to earn a lot of money if you got the money to start and the time to spend, and most importantly know how.
that was my huge rent, im sure you all feel like me, fuck crypto and wish me luck to my final exams

Sad Story
#beyoglu