Search results for Willy Woo
Crypto
Bitcoin bottom call gains traction, but experts eye $65,000 and $79,000
Talk is growing that bitcoin is entering a phase of building a short-term bottom, but its rebound has yet to be confirmed as risks remain. Coinbase Institutional and Glassnode said major cryptocurrencies may recover later in the second quarter, and surveys showed investors see bitcoin as undervalued. Some analysts highlighted $79,000 as a cost basis level and $65,000 as key support, while others warned of May declines and heightened volatility.
Crypto
Bitcoin rebound may hinge on regaining $79,000
An analysis said Bitcoin could rise to the $82,000 range in the short term, supported by technical trends, exchange liquidity and on-chain indicators after rebounding more than 28 percent from its February low. Key support is seen around $76,800 to $77,500, with upside resistance near $82,700. CryptoQuant data showed $6 billion in stablecoins flowed into Binance in March and April. Analyst Willy Woo said $79,000 is a key threshold.
Crypto
Bitcoin stuck below $70,000 as range trading drags on; breakout vs deeper weakness
Bitcoin has traded sideways below $70,000 for an extended period, and analysts warned the move could set up a sharp swing. Michael van de Poppe said a longer consolidation makes a breakout harder and added he expects a push above $71,000. CoinMarketCap put bitcoin at $66,890 at publication, down 8.25 percent over 30 days. The crypto fear and greed index stood at 11, in the “extreme fear” zone.
