CCT - Crypto Currency Tracker logo CCT - Crypto Currency Tracker logo
CryptoIntelligence 2024-10-02 17:24:00

Bitcoin to Re-Test All-Time High With Delayed Timeline

Bitcoin’s (BTC) chart structure continues to struggle to break into bullish territory, suggesting that a retest of its all-time high of $73,679 may take longer than many optimists hope, according to crypto analysts. “Structure mid-term is bearish, moving to neutral and trying to get bullish. ATH will take time,” popular Bitcoin analyst Willy Woo expressed in an Oct. 2 post on X. He noted that Bitcoin’s short-term structure indicates that the next one to three weeks might serve as a cooling-off period before “the next bullish attempt.” “I don’t think we get Uptober, sideways Oct, and Nov-Dec for laser eye

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.