Willy Woo: Bullish in the short term, but it will take more time for Bitcoin to break through its historical high
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."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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