While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a “high probability of reversal.”
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Willy Woo on Altcoins: ‘Retail May Be Getting It’
Trader Willy Woo reflected on market trends and the behavior of altcoins in what he called this third alt-cycle. This cycle, Woo stated, is marked
Read moreAltcoin seasons ‘will be weaker’ moving forward, says analyst
Popular crypto analyst Willy Woo says that the altcoin market cap “is like the cricket bat that has had 10 new handles and 10 new
Read moreBitcoin breaking $74K will 'take time' as BTC structure 'moving to neutral' — Analyst
Bitcoin’s short-term structure signals that most of October could be a cooling-off period before the “next bullish attempt,” according to a crypto analyst.
Read moreBitcoin’s ‘ultimate price’ could surpass $700K based on 3% portfolio allocation — Analyst
In the bullish case, Bitcoin’s ultimate price could surpass $24 million per coin, but global adoption still needs to grow by at least fourfold.
Read moreBitcoin ‘cascading long squeeze’ to blame for slump to $60K
An increasing number of traders entering new long positions was the “fuel” behind Bitcoin’s slump to $60,000, according to Bitcoin analyst Willy Woo.
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