Willy Woo: ‘Rick Astley' hodlers a key force again and on-chain signals suggest ‘recovery'

technical analyst Willy Woo believes that this is not a bear market because on-chain indicators are signaling a recovery and the asset is still being bought by long-term hodlers.

The popular analyst’s comments came in an interview on the “What Bitcoin Did podcast on June 28. Woo stated that he does not believe that Bitcoin is in a typical bear market due to signs of accumulation showing on-chain.

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