A popular on-chain analyst claims the current bear market hasn’t yet sent as many Bitcoin (BTC) underwater as previous bear markets. BTC analyst Willy Woo notes that showing how many coins are at a lower value compared to their purchase price is “one way of visualizing maximum pain.” “Past cycles bottomed when approx. 60% of […]The post Here’s What ‘Max Pain’ Could Look Like for Bitcoin (BTC) Holders, According to On-Chain Analyst Willy Woo appeared first on The Daily Hodl.
