On-Chain Analyst: Bitcoin’s Recent Rally Is Due to ‘Large Institutions Doing the Buying’

Recently, popular and highly respected on-chain Bitcoin analyst Willy Woo took a closer look at Bitcoin’s recent rally that has seen the price of the flagship cryptocurrency rise nearly 40% in January 2023. On 31 January 2023, Woo told his one million Twitter followers: “This recent rally coincides with a new pattern emerging of stablecoins […]