Bitcoin could plummet to $46,000



Analyst Willy Woo states that based on on-chain indicators, in the context of continuous outflows of on-network capital, BTC's bottom may stay within the $46,000 to $54,000 range.

Key support level (CVDD Floor) is currently around $45,500.

Experts point out that the current model is based on past bull market cycles, so if the global macroeconomy worsens, the decline could be deeper than expected.

What are your thoughts?

Love - Will rise to $100,000;

Like - Willy is right, we will fall.
BTC1,97%
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