BTC $65,024.13 +0.46%
ETH $1,919.15 +0.38%
BNB $602.66 +0.31%
XRP $1.03 -0.47%
SOL $76.70 +1.00%
TRX $0.3298 +0.09%
DOGE $0.0697 -0.41%
ADA $0.1965 -1.17%
BCH $215.82 +0.48%
LINK $8.19 -1.14%
HYPE $54.28 -1.07%
AAVE $91.48 +0.91%
SUI $0.6919 +0.44%
XLM $0.1626 -0.47%
ZEC $508.59 -0.60%
BTC $65,024.13 +0.46%
ETH $1,919.15 +0.38%
BNB $602.66 +0.31%
XRP $1.03 -0.47%
SOL $76.70 +1.00%
TRX $0.3298 +0.09%
DOGE $0.0697 -0.41%
ADA $0.1965 -1.17%
BCH $215.82 +0.48%
LINK $8.19 -1.14%
HYPE $54.28 -1.07%
AAVE $91.48 +0.91%
SUI $0.6919 +0.44%
XLM $0.1626 -0.47%
ZEC $508.59 -0.60%

Willy Woo: Bullish in the short term, but Bitcoin needs more time to break the historical high

2024-09-12 13:14:06

ChainCatcher news, renowned cryptocurrency analyst Willy Woo posted on social media predicting the Bitcoin market:

  • Short-term: Timing signals indicate bullish volatility for 1-3 weeks.
  • Medium-term: Since the halving in April, the supply-demand relationship has been bearish, but a reversal pattern may have started in the past 4 weeks (not yet confirmed), and more time is needed before Bitcoin breaks its all-time high.
  • Macro: Risk signals confirm lower lows, BTC is not in a bear market, but is in a re-accumulation phase waiting.
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