Willy Woo: The on-chain model for Bitcoin indicates a bottom range of $46,000 to $54,000.

BTC0,44%

Gate News reported that on March 30, on-chain analyst Willy Woo stated that traditional on-chain models show that Bitcoin’s current bottom range is between $46,000 and $54,000. Bitcoin storage funds have been continuously flowing out since last November, with the Current Value Days Destroyed (CVDD) bottom model currently reading $45,500. This model has the characteristic of continuously increasing in value over time.

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