Categories: Payment system news

Bitcoin to Bottom at $46,000 — Old-school On-chain Model Shows

Popular crypto analyst Willy Woo recently tweeted that an older Bitcoin on-chain model, CVDD (Cumulative Value Days Destroyed), suggests the cryptocurrency is likely to bottom between $46k and $54k. Woo previously dismissed recent price recoveries above $70k as a bull trap and has predicted that the digital currency is likely to test the $60k support level in […]

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