Part 5/13:
Importantly, Woo notes that many retail investors tend to leave their assets on exchanges like Coinbase rather than transferring funds into self-custody, which impacts the granularity and interpretability of on-chain data regarding true long-term holdings.
Proprietary Support Models and Market Data
When asked how he calculates support levels, Woo admits that his models are proprietary, emphasizing the importance of data symmetry and avoiding revealing too much that could lead to market inefficiencies. He likens his approach to a “secret family recipe,” which aligns capital flows with blockchain activity to predict support zones accurately. These models have historically been reliable over the 12 years Woo has tracked Bitcoin's price history.