🚨 Why $BTC Struggles to Climb - Willy Woo’s View
Many expected BTC$BTC to rise faster, but analyst Willy Woo points to a key factor: a large share of coins is still held by “old whales” - early investors who bought BTC$BTC at around $10 back in 2011.
When these holders sell, the market faces massive pressure. 👉 It takes over $110,000 of fresh capital for every BTC sold just to keep the price stable.
💡 Bitcoin’s slow growth isn’t only about macro conditions - it’s also rooted in how coins are distributed. As long as early whales keep unloading, upward moves will remain heavy.