Popular on-chain analyst Willy Woo believes Bitcoin (BTC) is now in a position to kick start a fresh leg up after months of consolidation. Woo tells his 1.1 million followers on the social media platform X that he’s looking at Bitcoin’s spent output profit ratio (SOPR), which tracks whether coins are being sold at a […]

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The post Bitcoin Has Completed Profit-Taking Phase Amid Backdrop of Rising Capital Flows to BTC, Says Analyst Willy Woo appeared first on The Daily Hodl.
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