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Crypto Pundit Forecasts The Next Steps For Bitcoin And It’s Very Bullish

  • Renowned crypto analyst Willy Woo has offered an optimistic outlook for Bitcoin’s next steps, drawing attention to the Puell Multiple indicator.
  • The Puell Multiple compares the daily issuance of BTC to its price, helping identify market cycle peaks and troughs.
  • According to Woo's analysis, Bitcoin is now nearing the perfect spot for accumulation after the most recent halving in April 2024.
  • With a recognizable 'bull flag' pattern and increased accumulation, the outlook for Bitcoin's price rally in the fourth quarter is compelling.

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