Willy Woo: From the supply side, the BTC situation has shifted from bearish to neutral
Cryptocurrency analyst Willy Woo stated that the sell orders from the German government, Mt.Gox and the U.S. Department of Justice (DOJ) have been gradually absorbed, and PaperBTC bets are declining, which is a good sign. Overall, in terms of supply, the situation has shifted from bearish to neutral.
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
Decentralized RWA infrastructure project Infinite Galaxy Protocol officially launches Genesis Node sale
HyperLiquid co-founder: No external fundraising has been conducted, so there are no investor HYPE token unlocks
Santiment: Stablecoin yields decline, Ethereum may soon return to the $3,200 level
Data: Ethereum staking rate reaches 28.65%, Lido market share at 24.12%
Trending news
MoreCrypto prices
More
