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Willy Woo: From the supply side, the BTC situation has shifted from bearish to neutral

Willy Woo: From the supply side, the BTC situation has shifted from bearish to neutral

Bitget2024/09/02 04:27

Cryptocurrency analyst Willy Woo stated that the sell orders from the German government, Mt.Gox and the U.S. Department of Justice (DOJ) have been gradually absorbed, and PaperBTC bets are declining, which is a good sign. Overall, in terms of supply, the situation has shifted from bearish to neutral.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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