@willywoo
The analyst who made “on-chain” a category. Woo doesn't read candles — he reads where money actually moves: investor flows, realised prices, the cost basis of recent buyers. Through most of 2026 that model kept him bearish while the rest of crypto looked for a bottom, and the price mostly agreed with him. Where it didn't, it didn't by a wide margin — his 46k–54k bottom zone never printed. In September, with long-term liquidity returning, he turned: on 16 September he put 90% odds on the bottom being in.
Kurz gesagt. Willy Woo is one of the original Bitcoin on-chain analysts — creator of the NVT ratio (“Bitcoin's P/E”), publisher of the Woobull chart library, and author of the weekly Bitcoin Vector Lite letter on Substack. His framework is deliberately not technical analysis: he models investor liquidity flows and compares price against on-chain cost bases (short-term-holder price, realised price, the CVDD floor) to say where the market is in its cycle. For most of 2026 that model made him one of the most consistently bearish major voices — and, for the levels that mattered, largely right: he called the March rally a bull trap and it was rejected exactly where he said. He is also on record with targets that never arrived, from $250k in 2021 to a 46k–54k bottom this year — a zone he effectively retired in September, when he called the bottom in at 90% odds.
Woo kam über Software an die Märkte — veröffentlichte Profile beschreiben einen in Hongkong geborenen, in Neuseeland aufgewachsenen Programmierer, der Startups aufbaute und verkaufte, bevor er zum Trading wechselte, und der Ende 2013 seinen ersten Bitcoin kaufte. Seinen Namen machte nicht ein Trade, sondern eine Kennzahl: 2017 machte er das NVT-Verhältnis populär — Netzwerkwert geteilt durch Transaktionsvolumen, gerahmt als „Bitcoin's P/E ratio“. Es wurde das erste breit genutzte On-Chain-Bewertungswerkzeug, und die darum gewachsene Woobull-Chartbibliothek ist bis heute Standardreferenz. Heute publiziert er wöchentlich Bitcoin Vector Lite auf Substack — „views into BTC's underlying structure through the lens of investor flows“ — mit einer Bezahlstufe dahinter.
The record cuts both ways and the misses are large. On 29 April 2021 he told SALT Talks that Bitcoin “could reach $250K to $300K by the end of that cycle”, later stretching it to $300K–$400K on institutional inflows; Bitcoin topped near $69,000 that November. In September 2025, with BTC just off a $124,457 record, he suggested it “could race up to $140,000–$160,000” — while adding he couldn't tell. It never did. And on 11 January 2026 he posted “I'm bullish BTC late Jan through Feb but presently bearish for 2026”: the bearish half aged well, the bullish half did not — Bitcoin fell from $89,212 on 29 January to $67,017 by 1 March, −25% straight through the window he was bullish on. That January post sits just outside the chart below; the seven calls that follow are all inside it.
Sources: x.com/willywoo (verified via X syndication) · woobull.com · willywoo.substack.com · Bitcoin.com News · Yahoo Finance
Erst die Ströme, dann der Preis. Woos Analyseeinheit ist Kapital, nicht die Kerze: wie viel echtes Geld in Bitcoin hinein- oder herausfließt und wie das zum Preismomentum passt, das es stützen soll. Die wiederkehrenden Werkzeuge sind On-Chain-Einstandsbasen — der Kurzfrist-Halter-Preis (die Gewinnschwelle der Käufer der letzten 155 Tage), der realisierte Preis und der CVDD-Boden — dazu seine eigenen Investorenstrom-Modelle und ein Blick auf marktübergreifendes Risiko (Aktienvolatilität, Makroliquidität). Das gibt ihm Struktur und Geduld: Er sagt „Still weeks more in this mid bear consolidation“ und meint es auch. Die Schwäche ist symmetrisch. Stromodelle sind gut im Regime (Bär oder Bulle) und schwach in der Größenordnung — seine Richtungsaussagen haben deutlich besser gehalten als die konkreten Zahlen daran.
Bearish on 2026 from January through the summer — his flow models had liquidity waning against price since January 2025. September is where that changed. On 6 September 2026 he flagged Bitcoin decoupling from equities as it did in 2015, and on 16 September he put the probability that the bottom is in at 90%, calling the market an early bull structure on returning long-term investor liquidity. His longer view is unchanged: Bitcoin in seven figures, but over a 12–16 year horizon.
Seven dated 2026 posts, charted against real price from the day he said them. Every quote below was pulled from X's own syndication endpoint or from the dated article that carries it — nothing is paraphrased. Woo trades in regimes and levels rather than one-line targets, so each card scores the specific claim he made: did the rejection happen where he said, did the level break, did the bottom print in the zone. He was right on the shape of the market in Feb–April and wrong on how deep it would go; the two newest cards, from September, are the first in this window pointing up — ending with his call that the bottom is in.
“This bearish sell down by investors seems to have exhausted, which gives price a repreive to consolidate sideways for maybe a month, even a rebound to mid 70s, which would likely to be rejected.”
A three-part call, and all three parts happened. His 27 February post has since rolled out of our 210-day price window, so the chart now anchors at the first covered close, $65,824 on 2 March, and the percentages here run from there. Bitcoin consolidated sideways for roughly a month, rebounded into the mid-70s — $74,679 on 17 March, +13.5% — and was rejected there, back to $65,947 (+0.2%) by 30 March. It later fell as far as $58,566 (−11.0%), then ran +31.6% to $86,597 on 22 September and holds $84,359 (+28.2%). The typo in “repreive” is his; we quote posts as written.
𝕏 Post@willywoo on X — 27 February 2026↗ x.com“BTC sold off WAY TOO FAST in this early bear market and current conditions are setting up to test mid-80s which is the cost basis of short term investors.”
Resolved — on his terms, but late. The framing was right: he said the rally was a bull trap and “NOT me saying the bottom is in”, and from $67,340 BTC rallied, rolled over and cut to $58,566 (−13.0%) on 1 July. The target took far longer than the setup implied. The May rally stalled at $82,018 (+21.8%), and the mid-80s short-term-holder cost basis he named was only tested on 22 September, at $86,597 (+28.6%) — six and a half months after the post, with a deeper low in between. Both halves have now happened, so we move this card from open to played out; price holds $84,359 (+25.3%).
Source‘Bull Trap Forming’ — Willy Woo Says Bottom Not In for Bitcoin (Bitcoin.com News, 9 Mar 2026)↗ news.bitcoin.com“I’d agree with this picture with the rejection at STH price which is 84k and dropping each day. Still weeks more in this mid bear consolidation.”
He named the level and the duration. BTC was $71,304; it was rejected immediately, down to $65,947 (−7.5%) in four days, and the “mid bear consolidation” ran for months rather than weeks. Through that whole stretch it never reached the 84k short-term-holder line he flagged as the ceiling — the summer high was $82,018 (+15.0%) on 11 May — before sliding to $58,566 (−17.9%) on 1 July. Bitcoin only closed above 84k on 22 September, six months later; it ran +21.4% to $86,597 and holds $84,359 (+18.3%). The call was about the spring, and on that horizon the level held.
𝕏 Post@willywoo on X — 26 March 2026↗ x.com“Old school onchain models suggest a BTC bottom between 46k-54k. Also hints at how much time we have to wait.”
His most specific number, and the one that has gone wrong. From $65,947 he was pointing 18–30% lower, with the CVDD floor model at 45.5k. Bitcoin never got there. The deepest close since is $58,566 on 1 July, −11.2% from his post and 8.5% above the top of his zone — and price has since run +31.3% to $86,597 and holds $84,359 (+27.9%). A fresh leg down could still validate it, but on 16 September Woo himself put 90% odds on the bottom already being in (last card below), which leaves this zone with few defenders.
𝕏 Post@willywoo on X — 30 March 2026↗ x.com“The next test for BTC is cleanly breaking the cost basis of recent investors (79k). I give it 30% odds on doing this on this attempt.”
A conditional call, and the condition failed the way he warned it might. BTC was $77,367. It did break 79k — the 30% branch — peaking at $82,018 (+6.0%) on 11 May. But he had added that a structural bottom only becomes likely “if BTC manages to hold this price level above $65K and not break down”, and that “the next 3-6 weeks will be telling”. It broke down: nine weeks later Bitcoin closed at $58,566, −24.3%. No structural bottom in that window, exactly as he framed it. Price has since run +11.9% to $86,597 and holds $84,359 (+9.0%).
𝕏 Post@willywoo on X — 28 April 2026↗ x.com“It's almost been a decade since the last time this happened... The last time BTC decoupled from stocks to this degree was 2015 (prelude to the 2017 bull market).”
The first constructive post of the whole window. BTC closed at $79,822, near the top of the range it broke into in late August — up from $69,291 on 20 August. Read the claim precisely: it is not a price target but a regime analogue, equities and Bitcoin pulling apart the way they did in 2015, which he labels the prelude to the 2017 bull market. Price dipped to $75,590 (−5.3%) on 16 September, then ran +8.5% to $86,597 on 22 September and holds $84,359 (+5.7%). That leans his way, but three weeks cannot settle a claim about a multi-year decoupling. It also sits awkwardly beside his own 46k–54k bottom call above, and we will not reconcile the two for him. Open until price picks a side for longer.
𝕏 Post@willywoo on X — 6 September 2026↗ x.com“I put the probability the bottom is in at 90%. We are in an early bull market structure based on long term investor liquidity returning.”
The turn, stated as a number. BTC closed at $75,590 that day, then ran +14.6% to $86,597 on 22 September and holds $84,359 (+11.6%). Read the claim precisely: it is not that $75k was the low, but that the cycle bottom is already behind the market — on this chart that is $58,566 on 1 July, 8.5% above the top of the 46k–54k zone he pointed to in March, which this post quietly retires. He gave no time frame and no invalidation level. As of 27 September price agrees with him; a close back under the July low would settle it against him. Open.
𝕏 Post@willywoo on X — 16 September 2026↗ x.comDie Ergebnisse sind unsere Lesart seiner ausgesprochenen Aussage gegen den realen CoinGecko-Preis, nicht seine eigene Bewertung. Preise sind Schlusskurse; „Tief danach“ ist der niedrigste Schlusskurs zwischen dem Call und heute. Offene Marken können kippen, wenn sich der Zyklus auflöst — ein Bodenzonen-Call ist erst endgültig falsch, wenn der Zyklus endgültig vorbei ist.
Woo verkauft Research, keine Signale und keine Token — eine sauberere Struktur als bei den meisten in diesem Verzeichnis. Sie schafft trotzdem einen Anreiz, den man benennen sollte: Ein kostenpflichtiger Brief über das Finden des Zyklustiefs ist am wertvollsten, solange das Tief noch bevorsteht.
Bitcoin Vector Lite auf Substack ist gratis mit einer Bezahlstufe; die tieferen Stromodelle liegen dahinter. Abonnements sind das sichtbare Geschäft.
woobull.com und das NVT-Verhältnis sind seit Jahren kostenlos — sie funktionieren als Trichterspitze und als Grund, warum er überhaupt zitiert wird.
Das ist die Offenlegung, auf die es ankommt. Im Mai 2023 kündigte die Syz Group SyzCrest Digital Uncorrelated an, einen bankgestützten Krypto-Hedgefonds, gestartet mit Woo und CMCC Global, und beschrieb ihn als Managing Partner von CMCC Global & Crest Fund, Berater des Ama-Fonds und General Partner beim S2F Fund; veröffentlichte Profile listen zudem Seed-Investments in Krypto-Unternehmen. Diese Rollen stammen aus Presse von 2023, und wir haben nicht bestätigt, welche davon noch aktuell sind. Positionen werden nicht Post für Post offengelegt — behandeln Sie jeden konkreten Call also als potenziell auf ein Buch ausgerichtet, das Sie nicht sehen können.
“BTC MOVES TO A 6-8 YEAR CYCLE? BTC has been locked into the gravity of a 4 year orbit... it was subject to strong internal forces of its halvening... a clockwork 4yr supply rate shock. Meanwhile TradFi is on a 6-8 year short term debt cycle.”
03 Sep 2026 · sein ganzer Rahmen in einem Post“3 things happen at the end of bear markets. 1) price cleanly breaks the cost basis of recent investors (circles). 2) idle smoking of hopium gives way to rabid clicking of the BUY button chasing the price 3) this raises the cost basis (red line transitions to green)”
05 Apr 2026 · der lange Horizont unter dem bärischen Jahr“I could see a future where BTC trades sideways for 8-12 yrs remaining 5-6 figures, then 12-16 yrs out a god candle to multiple 7 figures.”
05 Apr 2026 · halb richtig — die bullische Hälfte lag 25% daneben“I’m bullish BTC late Jan through Feb but presently bearish for 2026.”
11 Jan 2026 · half right — the bullish half missed by 25%Zitate aus seinen eigenen öffentlichen Videos; geäußerte Ansichten, keine Empfehlungen.
Woo publiziert schriftlich, nicht vor der Kamera — Woobull-Charts und der wöchentliche Brief Bitcoin Vector Lite. Sein Videoarchiv sind die Podcasts anderer Leute. Repräsentative Auftritte:
Bitcoin Needs To Adapt Now | With Willy WooLook Into Bitcoin — aufgenommen wenige Tage nach dem 46k–54k-Bodencall oben.10 Apr 2026
The Bull Market, Institutional Adoption & 2026 Recession? | Willy WooWhat Bitcoin Did — wo er 2026 erstmals als den echten Test des Zyklus rahmte.26 Aug 2025
Trader legend Willy Woo: A 80% Bitcoin drawdown again is possibleLess Noise More Signal — das Abwärtsszenario, ein halbes Jahr bevor er es brauchte.25 Sep 2025
Bitcoin Whales Dumping As Liquidity Crisis Hits | Willy Woo Reveals The EndgameThe Wolf Of All Streets — mit Scott Melker, dessen Dossier ebenfalls in diesem Verzeichnis steht.14 Sep 2025Ein Bitcoin-On-Chain-Analyst, am bekanntesten dafür, das NVT-Verhältnis populär gemacht zu haben — Netzwerkwert geteilt durch Transaktionsvolumen, gerahmt als „Bitcoin's P/E ratio“ — und für die Woobull-Chartbibliothek. Er schreibt den wöchentlichen Brief Bitcoin Vector Lite auf Substack und hat rund 1,1 Mio. Follower auf X, wo er jetzt als @willywoo postet (früher @woonomic).
For most of 2026 he was bearish: his on-chain models pointed to a bottom between $46,000 and $54,000, with the CVDD floor near $45,500 when he said it in March. That zone has not printed — Bitcoin's lowest close since was $58,566 on 1 July. On 16 September 2026 he reversed, putting the probability that the bottom is in at 90% and calling the market an early bull structure. Separately, he has floated a much longer-horizon view of Bitcoin trading sideways for 8–12 years before a move to seven figures.
Gemischt, und das Muster ist konsistent: stark bei der Richtung, schwach bei der Größenordnung. In diesem Fenster trafen sein Februar-Call zur Abweisung und sein März-Widerstandsniveau präzise ein, und seine April-Lesart, dass die Bausteine für einen Boden noch nicht da seien, wurde durch einen Rückgang um 24% bestätigt. Aber seine Bodenzone $46k–$54k kam nie, sein 2021er-Ziel von $250k–$300k verfehlte um etwa das Vierfache, und sein Post vom Januar 2026 — „I'm bullish BTC late Jan through Feb but presently bearish for 2026“ — schickte die bullische Hälfte direkt in einen Rückgang von 25%.
Woos bekannteste Kennzahl: Bitcoins Netzwerkwert (Marktkapitalisierung) geteilt durch den in USD on-chain transferierten Wert. Ein hoher Wert deutet an, dass der Preis der wirtschaftlichen Nutzung des Netzwerks vorausgelaufen ist; ein niedriger das Gegenteil. Er führte sie als On-Chain-Analogon zum Kurs-Gewinn-Verhältnis einer Aktie ein, und sie öffnete die Tür zum gesamten Feld der On-Chain-Analytik.
Woo ignoriert die Kerze und folgt dem Geld — Ströme, Einstandsbasen und die Geduld, Monate der Seitwärtsphase auszusitzen. Wie nah liegt Ihr Instinkt? Messen Sie es echt mit einem Trader Passport.
Finden Sie jetzt heraus, was sich wirklich auszahlt. Testen Sie Ihre Kante an echten Marktdaten — ohne Kapitalrisiko — in einem kostenlosen BuyCrypt-Turnier mit echten Preisen.
Informations- und Bildungsanalyse, die sich strikt auf öffentlich verfügbares Material stützt — seine eigenen datierten X-Posts (wortgetreu über X's öffentlichen Syndication-Endpunkt erfasst) und datierte Berichterstattung Dritter, jeweils bei jedem Call verlinkt. Keine Finanz- oder Anlageberatung. Zahlen sind ungefähr und ändern sich ständig. Spotted an error, or are you Willy? Korrektur einreichen →
Verifizierte Handles · Quellen oben zitiert · Bewertungsmethodik · Aktualisiert 27 September 2026
