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ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy Use

ESG Analyst Daniel Batten Reveals Dynamic Charts Showing Bitcoin’s 52.6% Sustainable Energy UseEnvironmental, social, and governance (ESG) analyst Daniel Batten said Tuesday that the computational backbone of the Bitcoin network now uses 52.6% sustainable energy. Batten and onchain analyst Willy Woo created Dynamic Bitcoin ESG Charts to showcase the protocol’s progress. Contrary to Cambridge University Data, Analyst Says Bitcoin Mining Uses 52.6% Sustainable Energy These days, there […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

On-Chain Analyst Willy Woo Says Bitcoin Short Squeeze Now on the Table As BTC Indicators Flip Bullish

On-Chain Analyst Willy Woo Says Bitcoin Short Squeeze Now on the Table As BTC Indicators Flip Bullish

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.

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021

Rising Bitcoin Prices Cause Cascade of Short Liquidations, Highest Ratio of Short vs. Long Wipeouts Since July 2021The top two crypto assets have risen significantly in the past seven days, with bitcoin jumping 22.6% and ethereum increasing 18.6% against the U.S. dollar. According to market data, both crypto assets saw the largest increase on Saturday, Jan. 14, 2023. The sudden spike in value caused the highest ratio of short liquidations vs long […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

On-Chain Analyst Willy Woo Updates Bitcoin Bear Market Outlook, Says BTC Can Collapse Fiat System at Certain Price

On-Chain Analyst Willy Woo Updates Bitcoin Bear Market Outlook, Says BTC Can Collapse Fiat System at Certain Price

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.

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Top On-Chain Analyst Willy Woo Says Bitcoin Mirroring 2015 and 2018 Bottom Formation – Here’s His Forecast

Top On-Chain Analyst Willy Woo Says Bitcoin Mirroring 2015 and 2018 Bottom Formation – Here’s His Forecast

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.

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

On-Chain Analyst Willy Woo Says Bitcoin Getting Close to ‘Max Pain’ Levels – Here’s How Low BTC Could Go

On-Chain Analyst Willy Woo Says Bitcoin Getting Close to ‘Max Pain’ Levels – Here’s How Low BTC Could Go

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.

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Analyst Willy Woo Says Bitcoin on Track To Hit 1,000,000,000 Unique Users Way Before 2030 – Here’s When

Analyst Willy Woo Says Bitcoin on Track To Hit 1,000,000,000 Unique Users Way Before 2030 – Here’s When

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.

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Here’s What ‘Max Pain’ Could Look Like for Bitcoin (BTC) Holders, According to On-Chain Analyst Willy Woo

Here’s What ‘Max Pain’ Could Look Like for Bitcoin (BTC) Holders, According to On-Chain Analyst Willy Woo

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.

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and Odds

Can Unlimited Fiat and Governments Suppress Bitcoin’s Price? 2 Analysts Discuss the Theory and OddsThe price of bitcoin has dropped 72.9% in USD value since the crypto asset’s all-time high ten months ago and recently, bitcoin’s been trading for just under $19K per unit. This week two prominent crypto market influencers have been discussing how governments could suppress bitcoin markets by shorting the crypto asset. However, one of the […]

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say

On-Chain Expert Willy Woo Says Bitcoin (BTC) Hasn’t Reached ‘Max Pain’ Just Yet – Here’s Why

On-Chain Expert Willy Woo Says Bitcoin (BTC) Hasn’t Reached ‘Max Pain’ Just Yet – Here’s Why

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.

‘Surgical removal’ of crypto will only weaken USD dominance, commentators say