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After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin

After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin

Bitcoin’s recent correction that brought it from the $12,000 highs to $9,800 didn’t catch all analysts off guard.

After predicting a $2,000 drop, a top on-chain analyst is now bullish on Bitcoin

Photo by Jared S. on Unsplash

Bitcoin’s recent correction that brought it from the $12,000 highs to $9,800 didn’t catch all analysts off guard.

In late August, approximately 10 days before everything began trending lower, on-chain and technical analyst Willy Woo said that the โ€œnext move is [likely to be] bearish,โ€ referencing the high-$9,000s as a likely landing point for BTC.

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