Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13286
Markets: 103664
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13286
Cryptocurrencies
63.22%
Bitcoin Share
BitcoinSistemi 2025-05-29 08:23:06

Chinese Analyst Says, “I Have Good News and Bad News for Bitcoin,” Warns About Next Week

Chinese Analyst Says, “I Have Good News and Bad News for Bitcoin,” Warns About Next Week

Famous Chinese cryptocurrency analyst Willy Woo shared his latest assessments of the market on social media. Woo drew attention to both positive and possible negative developments for investors. Woo said in his statement about Bitcoin, “I have some good news and maybe some bad news for you.” Evaluating the general liquidity situation of the market, the analyst gave optimistic messages in terms of the long-term outlook. Woo said, “The risk signal is in a downtrend, which shows that the general market environment is dominated by buying liquidity. The ground is being prepared for a new strong uptrend in the long term.” Related News: New Tension in US-China Trade War: Trump Issues Strong Order However, Woo also pointed out that there were signs of weakening in the strength of the rise, and took a cautious approach by saying, “The strength of the bull run that stretched from $75,000 to $112,000 has begun to break.” Woo, who emphasized that the coming week is critical for the market, said, “If the expected momentum does not come this week, we may face a period of consolidation again.” The analyst also touched on short-term risks, stating that the opening of long positions by late-joining speculators could create pressure on prices along with profit sales. Woo said that SOPR data points to high potential profit realizations. *This is not investment advice. Continue Reading: Chinese Analyst Says, “I Have Good News and Bad News for Bitcoin,” Warns About Next Week

Most Read News

Moralis Money
Market Cap
24h Vol
63.22%
Bitcoin Share
528
Today News
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.