According to Willy Woo, the bearish trend will not greatly affect bitcoin

According to Willy Woo, the bearish trend will not greatly affect bitcoin

user avatar

by dapp_writer005

4 years ago

Willy Woo - one of the most popular figures in bitcoin and cryptanalysis, who indicates that the current bear market has not been as strong as the past ones.

Previously, BTC cycles bottomed out with about 60% of the coin trading at a price lower than their purchase. Whether this will happen again, the analyst does not predict, since the components of the market are different now.

Previously, traders sold coins in the bear market that were in the red zones. This is not observed now.

Willie Woo thinks bearish trend won't affect bitcoin much - news

Woo - not the only one who allows bitcoin to fall another level. Crypto analyst Nicholas Merten noted that the emergence of a new crisis stage could lead to a drop in the BTC price to $ 13,000.

On the evening of October 5, the price of bitcoin consolidated above $ 20,000 with a weekly increase of 5.6%.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other articles

Writing About Research Without Inventing Experience

"I tested it" and "researchers tested it" make very different claims. How to write about studies and audits without borrowing someone else's experience.

user avatarme1afon

Corrections Readers Can Actually Follow

Most online errors are fixed silently. How to write a correction that shows what was wrong, what is right and whether the conclusion changed.

user avatarme1afon

Explaining How AI Was Used in an Article

A label saying "AI was used" tells readers almost nothing. Here is what a useful disclosure contains, what research says about it, and a template you can copy.

user avatarme1afon

What Carousel Benchmarks Leave Out

Read the denominator and design before turning a format benchmark into an editorial rule.

user avatarme1afon

Building a Carousel Around One Complete Idea

Use a Bitcoin transaction to show how each card advances one explanation.

user avatarme1afon

Choosing Between a Photo, a Diagram, and a Micro Infographic

Choose a visual by the question it needs to answer.

user avatarme1afon

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.