Bitcoin Price Analysis: 3 Fundamental Valuation Models Using On-Chain Data

The price of Bitcoin has been spectacular these days considering the massive volatility that we’ve been seeing in the crypto market.

At the moment of writing this article, BTC is trading in the red and the king coin is priced at $43,771.68. The king coin is down by more than 2% in the past 24 hours.

Check out an interesting analysis dropped on Twitter about the price of the king coin by Willy Woo.

Woo also said: “The dots place the valuation given by investors. The blue line is price. If price is below the dots, then margin traders are bearish compared to investors.”

When someone asked: “did the models predict china and tether fud? lmao” Woo responded with the following: “Well obviously yes, did you not see the models leading the price crash? lmao. Tether FUD is a conspiracy. lmao.”

Willy Woo reveals new info about Bitcoin price trajectory

Willy Woo has an important note to make about the price of Bitcoin these days. Check out his tweet below.

He continued and said the following and posted this graph:

Stay tuned for more relevant news.

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I am a technical writer, author and blogger since 2005. An industry watcher that stays on top of the latest features, extremely passionate about finance news and everything related to crypto.
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