BTC $64,430.55 +2.65%
ETH $1,912.98 +2.18%
BNB $605.02 +0.47%
XRP $1.00 +1.02%
SOL $75.83 +1.82%
TRX $0.3313 +0.09%
DOGE $0.0702 +0.97%
ADA $0.1739 -0.63%
BCH $204.70 +0.52%
LINK $9.50 +1.06%
HYPE $59.32 +3.90%
AAVE $88.84 +3.31%
SUI $0.6744 +0.63%
XLM $0.1574 +0.73%
ZEC $513.14 +5.52%
BTC $64,430.55 +2.65%
ETH $1,912.98 +2.18%
BNB $605.02 +0.47%
XRP $1.00 +1.02%
SOL $75.83 +1.82%
TRX $0.3313 +0.09%
DOGE $0.0702 +0.97%
ADA $0.1739 -0.63%
BCH $204.70 +0.52%
LINK $9.50 +1.06%
HYPE $59.32 +3.90%
AAVE $88.84 +3.31%
SUI $0.6744 +0.63%
XLM $0.1574 +0.73%
ZEC $513.14 +5.52%

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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