While the Bitcoin price continues to stubbornly move sideways, market watchers are wondering how the year will end–is there time for another rally or will the support at $46.000 cave? Despite the tight trading range over the past two weeks, popular Bitcoin on-chain analyst Willy Woo pointed out indicators that are showing no signs of a bear market.
Meaningful price bounce ahead? According to Woo, retail investors are taking advantage of the bearish price action–buying the dip more than usual.
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