On-Chain Analyst Willy Woo Says Bitcoin Weathering Miner Capitulation Phase Before Price Rebound
13 June 2024 - 12:30AM
The Daily Hodl
Bitcoin (BTC) is currently weathering a miner capitulation
phase, according to on-chain analyst Willy Woo. Woo tells his 1.1
million followers on the social media platform X that the Bitcoin
halving event in April is currently “culling weak miners” The
event, which happens roughly every four years, essentially cuts the
Bitcoin reward that miners receive […]
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On-Chain Analyst Willy Woo Says Bitcoin Weathering Miner
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Bitcoin Weathering Miner Capitulation Phase Before Price
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On-Chain Analyst Willy Woo Says Bitcoin Weathering
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