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Analyst on $17.6K BTC price bottom: Bitcoin ‘not there yet’
2022.09.14 12:27
Analyst on $17.6K BTC price bottom: Bitcoin ‘not there yet’
‘s (BTC) market behavior is not yet “synonymous” with previous bear market bottoms, one of the leading crypto analysts argues.
In a Twitter (NYSE:) thread on Sept. 14, statistician Willy Woo, creator of data resource Woobull, offered three examples of why should still have further to fall.
Bitcoin cost basis density annotated chart. Source: Willy Woo/ TwitterBitcoin hodler cost basis annotated chart. Source: Willy Woo/ TwitterBitcoin bear market accumulation annotated chart. Source: Willy Woo/ Twitter
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