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ETH $2,704.14 +0.85%
BNB $790.61 +2.90%
XRP $1.50 +1.15%
SOL $121.48 +1.77%
TRX $0.3355 -0.23%
DOGE $0.0932 +0.55%
ADA $0.2454 +0.13%
BCH $317.77 +2.09%
LINK $14.14 +1.46%
HYPE $90.73 +3.08%
AAVE $181.69 -0.10%
SUI $1.17 -0.34%
XLM $0.2171 +1.48%
ZEC $1,339.70 +1.47%
AAPL $333.52 -0.01%
AMZN $252.35 +0.23%
GOOGL $344.09 +0.21%
MSFT $517.90 +0.07%
META $730.08 +0.20%
NVDA $234.76 +0.06%
TSLA $371.51 +0.15%
SNDK $1,717.02 +0.02%
INTC $118.52 +0.28%
SPCX $159.25 +0.13%
MU $1,068.71 -0.23%
AMD $633.23 +0.09%

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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