BTC $68,473.34 -6.94%
ETH $1,925.48 -6.00%
BNB $628.75 -6.77%
XRP $1.01 -2.58%
SOL $78.77 -5.05%
TRX $0.3106 -2.00%
DOGE $0.0639 -4.52%
ADA $0.1692 -1.96%
BCH $216.88 -5.19%
LINK $9.76 -2.94%
HYPE $70.70 -1.14%
AAVE $110.60 -5.98%
SUI $0.7826 -3.82%
XLM $0.1429 -2.27%
ZEC $933.89 -5.06%
AAPL $356.50 +0.12%
AMZN $267.63 +0.49%
GOOGL $299.36 +1.53%
MSFT $518.34 -0.76%
META $623.21 -0.87%
NVDA $163.59 +1.54%
TSLA $397.06 +2.50%
SNDK $922.00 -1.87%
INTC $60.76 +0.21%
SPCX $141.00 +1.41%
MU $789.14 +0.98%
AMD $575.57 +2.03%
BTC $68,473.34 -6.94%
ETH $1,925.48 -6.00%
BNB $628.75 -6.77%
XRP $1.01 -2.58%
SOL $78.77 -5.05%
TRX $0.3106 -2.00%
DOGE $0.0639 -4.52%
ADA $0.1692 -1.96%
BCH $216.88 -5.19%
LINK $9.76 -2.94%
HYPE $70.70 -1.14%
AAVE $110.60 -5.98%
SUI $0.7826 -3.82%
XLM $0.1429 -2.27%
ZEC $933.89 -5.06%
AAPL $356.50 +0.12%
AMZN $267.63 +0.49%
GOOGL $299.36 +1.53%
MSFT $518.34 -0.76%
META $623.21 -0.87%
NVDA $163.59 +1.54%
TSLA $397.06 +2.50%
SNDK $922.00 -1.87%
INTC $60.76 +0.21%
SPCX $141.00 +1.41%
MU $789.14 +0.98%
AMD $575.57 +2.03%

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.
app_icon
ChainCatcher Building the Web3 world with innovations.