Analyst Willy Woo highlights three on-chain indicators that track the flow of Bitcoin tokens across wallets, each illustrating why the benchmark cryptocurrency could explode higher.
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On-Chain Expert Predicts $162K Bitcoin Peak This Cycle
Bitcoin continues to beat expectations this year. Despite most investors speculating the bull market was already over, the digital asset has posted another rally that
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Bitcoin analyst says ‘supply shock’ underway as BTC withdrawal rate spikes to one-year high
The supply shock is being unnoticed, similar to Q4 2020 before the price of Bitcoin skyrocketed, says Willy Woo.
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Willy Woo: ‘Rick Astley’ hodlers a key force again and on-chain signals suggest ‘recovery’
Those that are never gonna give up BTC are still accumulating according to the analyst.
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3 convincing signs the Bitcoin bears have stopped selling
BTC price rebounding back to $40,000 is just one of the few signs that the bears may be exhausted.
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Key Fundamental Data Suggests Bitcoin May Defy Bears
Last weekend, the Bitcoin price fell below the psychologically significant support level of $50,000. Furthermore, the 50 day moving average was breached to the downside
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