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Willy Woo: Bullish in the short term, but it will take more time for Bitcoin to break through its historical high

Willy Woo: Bullish in the short term, but it will take more time for Bitcoin to break through its historical high

Bitget2024/09/12 06:30

Cryptocurrency analyst Willy Woo posted on social media, "Short term: Timing signal for a bullish fluctuation of 1-3 weeks. Medium term: Since the halving in April, supply-demand relationship has been bearish, but a reversal pattern may have started to appear in the past 4 weeks (not yet confirmed), it will take more time for Bitcoin to break through its historical high. Macro: Risk signals confirm lower lows, BTC is not in a bear market but waiting in a reaccumulation mode."

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