
Popular on-chain analyst Willy Woo says Bitcoin (BTC) could be due for a short squeeze in the near future. Woo tells his 1 million Twitter followers that BTC’s fundamentals are picking up. “Fundamental Strength Indicator is no longer overheated and starting to rise (FSI tracks the strength of 17 fundamental and technical indicators) If price […]
The post On-Chain Analyst Willy Woo Says Bitcoin Short Squeeze Now on the Table As BTC Indicators Flip Bullish appeared first on The Daily Hodl.
Leading on-chain analyst Willy Woo is making a prediction for when the current Bitcoin (BTC) bear market could reverse course. Woo tells his one million Twitter followers that he thinks the BTC bear market will be longer than the one in 2018, but shorter than 2015. “The main question I have is how long this […]
The post On-Chain Analyst Willy Woo Updates Bitcoin Bear Market Outlook, Says BTC Can Collapse Fiat System at Certain Price appeared first on The Daily Hodl.
Top on-chain analyst Willy Woo says that Bitcoin (BTC) is in an accumulation phase similar to the market bottoms of 2015 and 2018. In a new interview with Scott Melker, Woo says that buyers have recently stepped in to support Bitcoin, lowering its volatility and putting it in a sideways trend. “It’s that time in […]
The post Top On-Chain Analyst Willy Woo Says Bitcoin Mirroring 2015 and 2018 Bottom Formation – Here’s His Forecast appeared first on The Daily Hodl.
Popular on-chain analyst Willy Woo has a “max pain” model for Bitcoin that suggests a floor price for BTC at the bottom of its bear market. Woo tells his one million Twitter followers that he’s estimating a Bitcoin bottom by looking at where BTC’s price would be if 58% to 61% of all coins would […]
The post On-Chain Analyst Willy Woo Says Bitcoin Getting Close to ‘Max Pain’ Levels – Here’s How Low BTC Could Go appeared first on The Daily Hodl.
A closely followed on-chain analyst says Bitcoin (BTC) is currently on pace to hit one billion unique users in the coming years. Willy Woo tells his one million Twitter followers that 12% of the world’s population will be using Bitcoin in the next 36 months. “Bitcoin took six months to get 1,000 users; five years […]
The post Analyst Willy Woo Says Bitcoin on Track To Hit 1,000,000,000 Unique Users Way Before 2030 – Here’s When appeared first on The Daily Hodl.
A popular on-chain analyst claims the current bear market hasn’t yet sent as many Bitcoin (BTC) underwater as previous bear markets. BTC analyst Willy Woo notes that showing how many coins are at a lower value compared to their purchase price is “one way of visualizing maximum pain.” “Past cycles bottomed when approx. 60% of […]
The post Here’s What ‘Max Pain’ Could Look Like for Bitcoin (BTC) Holders, According to On-Chain Analyst Willy Woo appeared first on The Daily Hodl.
Widely followed on-chain analyst Willy Woo says that Bitcoin (BTC) hasn’t bottomed out yet based on under-the-radar metrics. The analyst tells his 1 million Twitter followers that Bitcoin has not seen the same pain as previous bear markets when looking at the BTC market’s cost basis metric, which can show how many coins are underwater […]
The post On-Chain Expert Willy Woo Says Bitcoin (BTC) Hasn’t Reached ‘Max Pain’ Just Yet – Here’s Why appeared first on The Daily Hodl.