The crypto market looks better today, with all the coins trading in the green and Bitcoin is no exception.
At the moment of writing this article, the king coin is priced at $9,115.69.
Bitcoin has been consolidating above $9,000 for about six weeks now, and crypto fans are waiting to see the coin going to the important level of $10k once again.
Bitcoin is getting ready for an exponential bull run
Crypto strategist and influencer Willy Woo says Bitcoin is getting ready to launch the next exponential bull run.
On Twitter, Woo told his followers that the king coin was primed to ignite a bullish onslaught in March until the new virus stopped it all.
On the other hand, it’s been revealed that the new model of Willy Woo which is signaling the possible start of a new bull cycle suggests that Bitcoin may be able to eventually begin a new bull run in July.
This is a new model I’m working on, it picks the start of exponential bull runs.
1) Bitcoin was setting up for a bullish run until the COVID white swan killed the party.
2) This model suggests we are close to another bullish run. Maybe another month to go. pic.twitter.com/wmoEdMVywF
— Willy Woo (@woonomic) June 27, 2020
He also made sure to highlight the fact that the bull market delay that the pandemic triggered will eventually turn out to be a boost for the king coin.
The longer this bull market takes to wind up, the higher the peak price (Top Cap model). A long sideways accumulation band is ultimately a good thing. pic.twitter.com/mZV2Sx2t8T
— Willy Woo (@woonomic) June 27, 2020
He explained that the long base-building process is basically rocket fuel for BTC.
There have been a lot of bullish crypto predictions, especially following the Bitcoin May halving, but we haven’t seen any spectacular price moves yet.