Willy Woo: The Bitcoin on-chain model predicts a bottom range between $46,000 and $54,000
ChainCatcher reported that on-chain analyst Willy Woo stated that traditional on-chain models indicate Bitcoin's current bottom range is expected to be between $46,000 and $54,000. Data shows that Bitcoin storage funds have been continuously flowing out since last year, while the Cumulative Value Days Destroyed (CVDD) bottom model currently reads $45,500. This model has the characteristic of continuously increasing in value over time.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
AVAX crypto eyes $8.65 – But first, Avalanche must hold THIS support

Jensen Huang declares: "AGI is here!" Highly praises OpenAI for releasing GPT-6 Astra
Nvidia (NVDA.US) CEO Jensen Huang publicly stated that "Artificial General Intelligence (AGI) has arrived" following OpenAI's release of GPT-6 Astra.

Vitalik Buterin Dismisses AI Threat to Bitcoin Security
