Don’t expect another Bitcoin price ‘catastrophic dump' Analyst

Don’t expect another Bitcoin price ‘catastrophic dump' Analyst

Gate Trade News Tuesday, September 15, 2020 17 0

Bitcoin’s macro landscape is making current price levels look like a good buy-in, Willy Woo suggests as support stacks up at $9,600.

 

Bitcoin (BTC) price trajectory is looking to favor bulls going forward, statistician Willy Woo believes as the market nears $11,000.

 

In a series of tweets on Sept. 14, Woo highlighted strength in market composition and said that current price levels could be a useful entry point for investors.

 

“Another impulse of coins changing hands has completed, the next directional move over the coming weeks is likely upwards,” he summarized.