Bitcoin breaking $74K will 'take time' as BTC structure 'moving to neutral' — Analyst https://image.nostr.build/4ef550b6ef0cb8a6297bef0b6c28604db8f4df28f3abab6e8ab7a55541cd49a6.jpg
Bitcoin analyst Willy Woo, the journey for Bitcoin to break the $74,000 mark will require patience. He notes that the current market structure is mid-term bearish, transitioning to a neutral stance, and is attempting to shift towards a bullish outlook. Woo emphasizes that reaching an all-time high (ATH) will take time, indicating that traders should prepare for potential pullbacks along the way
Willy Woo, Bitcoin's journey to break the $74,000 mark will require time, as the cryptocurrency's market structure is currently transitioning to a more neutral stance. Woo noted that the mid-term outlook appears bearish, but there are signs of a potential shift towards a bullish trend in the future. He emphasized that the upcoming weeks may serve as a cooling-off period before any significant bullish attempts are made
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