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Don't expect retail sell-off to crash Bitcoin price — analyst
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Those expecting another Bitcoin (BTC) speculative price dip are looking in the wrong place, one of the industry's best-known analysts suggests.
In a Twitter discussion on Dec. 20, Willy Woo, creator of on-chain data resource Woobull, said that popular retail exchanges will not spark a further BTC price rout.
Woo was debating the odds of fresh downside with veteran trader Peter Brandt, a commentator revered for calling Bitcoin price bottoms in recent years.
Brandt argued that volume spikes which accompany price crashes have been absent in December versus previous episodes. As such, the "real" capitulation phase is yet to occur.
Responding, Woo argued that speculative derivatives traders had featured in the cascade to $41,800 earlier this month,
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