Analyst Willy Woo highlights three on-chain indicators that track the flow of Bitcoin tokens across wallets, each illustrating why the benchmark cryptocurrency could explode higher.
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Analyst Willy Woo highlights three on-chain indicators that track the flow of Bitcoin tokens across wallets, each illustrating why the benchmark cryptocurrency could explode higher.
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BTC price inched toward 2020’s support with traders expecting more gains if a breakout occurs.
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“I want to do a little more diligence to confirm that the percentage of renewable energy usage is most likely at or above 50% and that there is a trend towards increasing that number,” said the Tesla CEO.
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Bitcoin is likely not out of the woods until a definitive bottom formation has been and gone, multiple commentators say.
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Wood recently asserted the crypto downtrend has improved the chances of a Bitcoin ETF securing regulatory approval.
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Featured speakers include Twitter CEO Jack Dorsey, Blockstream founder Adam Back, and Ark Invest’s Cathie Wood.
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