Category: BTC analysis

Bitcoin could be on the verge of a big breakout at $42K, hodler activity suggests

Bitcoin could be on the verge of a big breakout at $42K, hodler activity suggests

On-chain analyst Willy Woo asserted that Bitcoin (BTC) would break above the $42,000-resistance level in its coming attempts. The researcher based his bullish analogy on the so-called Rick Astley indicator, a heat-map that tracks investors—the Rick Astleys of this world—that buy Bitcoin to hold the asset for longer timeframes. The indicator earlier predicted Bitcoin price […]

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