Popular crypto analysts and statistician Willy Woo is predicting a $100K-$300K Bitcoin price in the next 12 months.

“If you're looking for an entry to HODL BTC long term, don't nickel and dime an entry. You're not going to sweat a few thousand dollars of non-perfect entry when it's $100k,$200k,$300k in a year. The main bull phase is here. Capital inflows has gone nuts.”

The Bitcoin price has reached a new all-time high above $29,600 across major exchanges on Jan. 1. In other words, BTC is less than 2% away from reaching the psychological resistance level at $30,000.

Breaking $30,000 could fuel renewed confidence in the market with the last remaining technical roadblock right below this level.

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