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Willy Woo: Bitcoin may test the $39,000 range and continue to rise

Willy Woo: Bitcoin may test the $39,000 range and continue to rise

Bitget2023/12/12 09:22

On-chain analyst Willy Woo suggests that Bitcoin (BTC) may need to test the $39,000 range before continuing its upward trend. He points out an important trading gap of $39,700 on the Chicago Mercantile Exchange (CME) futures market, indicating that Bitcoin may retrace to the $39,000 level.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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