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New data on the amount of Bitcoin being scooped up by crypto whales and retail traders signals the bottom is in, according to on-chain analyst Willy Woo.
Woo is taking a close look at the flow of BTC to and from crypto exchanges.
He says despite sideways price action, investors appear to be buying coins on exchanges and sending them to private wallets at a healthy pace.
“As price grinds sideways-bearish, coins are being scooped off the exchanges at a very bullish rate…
The latest sizing of withdrawals vs deposits are at local highs at levels that signal a bottom, whales are scooping.”
In other trending Crypto News today: Highly Anticipated Ethereum Hard Fork Locked In for Launch!
The highly anticipated London hard fork designed to overhaul the controversial Ethereum fee structure is rolling out soon, according to a project team member.
Tim Beiko, the lead coordinator of several Ethereum upgrades, says the hard fork should land on August 4th.
???? Daily Letter: http://letter.cryptonewsalerts.net
???? Blog / Podcast: http://cryptonewsyes.com
???? YouTube: http://cryptonewsalerts.net
???? Spotify: http://spotify.cryptonewsalerts.net
???? iTunes: http://itunes.cryptonewsalerts.net
???? Twitter: https://twitter.com/cryptonewsyes
???? Facebook: http://fb.cryptonewsalerts.net
???? Telegram: http://telegram.cryptonewsalerts.net
???? TikTok: http://tiktok.cryptonewsalerts.net
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3APzcJE
✔ BTC Is A Miracle Says Apple Co-Founder: https://bit.ly/3hrQlB7
✔ Ethereum London Hard Fork Updates: https://bit.ly/2UEEXJa
✔ Bitcoin Price Bottom Is In: https://bit.ly/2VpIgoe
???? DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
#Bitcoin #BTC #BitcoinNews #cryptocurrency #crypto #willywoo #hodl #gold #invest #altcoins #defi #ethereum #eth #prediction #2021 #forex #investing
New data on the amount of Bitcoin being scooped up by crypto whales and retail traders signals the bottom is in, according to on-chain analyst Willy Woo.
Woo is taking a close look at the flow of BTC to and from crypto exchanges.
He says despite sideways price action, investors appear to be buying coins on exchanges and sending them to private wallets at a healthy pace.
“As price grinds sideways-bearish, coins are being scooped off the exchanges at a very bullish rate…
The latest sizing of withdrawals vs deposits are at local highs at levels that signal a bottom, whales are scooping.”
In other trending Crypto News today: Highly Anticipated Ethereum Hard Fork Locked In for Launch!
The highly anticipated London hard fork designed to overhaul the controversial Ethereum fee structure is rolling out soon, according to a project team member.
Tim Beiko, the lead coordinator of several Ethereum upgrades, says the hard fork should land on August 4th.
???? Daily Letter: http://letter.cryptonewsalerts.net
???? Blog / Podcast: http://cryptonewsyes.com
???? YouTube: http://cryptonewsalerts.net
???? Spotify: http://spotify.cryptonewsalerts.net
???? iTunes: http://itunes.cryptonewsalerts.net
???? Twitter: https://twitter.com/cryptonewsyes
???? Facebook: http://fb.cryptonewsalerts.net
???? Telegram: http://telegram.cryptonewsalerts.net
???? TikTok: http://tiktok.cryptonewsalerts.net
Show Notes / News Resources:
✔ Bitcoin Technical Analysis: https://bit.ly/3APzcJE
✔ BTC Is A Miracle Says Apple Co-Founder: https://bit.ly/3hrQlB7
✔ Ethereum London Hard Fork Updates: https://bit.ly/2UEEXJa
✔ Bitcoin Price Bottom Is In: https://bit.ly/2VpIgoe
???? DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make. Always do your own research and never invest what you cannot afford to lose.
#Bitcoin #BTC #BitcoinNews #cryptocurrency #crypto #willywoo #hodl #gold #invest #altcoins #defi #ethereum #eth #prediction #2021 #forex #investing
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