Another Wave of Bitcoin (BTC) Selloffs Incoming if This Happens, Warns Analyst Willy Woo

Description

Veteran on-chain analyst Willy Woo is warning that Bitcoin ( BTC ) may have a market correction if one key event does not happen in the near term. Woo tells his 1.2 million followers on the social media platform X that Bitcoin needs to print new all-time highs or the flagship crypto asset may flip bearish. “If we don’t get further highs soon, BTC will be setting up for bearish divergences on longer range charts at a time when capital inflows have been weaker than normal with speculation running ...