😱😮Popular analyst Willy Woo shared bull and bear scenarios for Bitcoin
Willy Woo, who is especially popular in the 2021 bull, listed the bull and bear scenarios item by item. In the long term, we will see the positive effects of DXY's peak, interest rate reduction and the adoption of the spot ETF, the analyst said, while in the short term, factors such as Bitcoin re-entry into exchanges and the "39 thousand dollar gap in the CME" may have a negative impact.
Willy Woo, who has more than 1 million followers on X and is popular for his comments on Bitcoin, evaluated the price increases.
Spot ETF, DXY, CME and stock exchanges...”
In a long tweet, Woo, who wrote the bullish and bearish scenarios for Bitcoin, also stated that the bullish scenario should be considered long-term and the bearish scenario should be considered short-term.
Woo listed the elements supporting the taurus scenario as follows:
*Interest rates are falling
*Global liquidity is returning
*DXY is approaching the top
*Spot ETFs are acceptable at any time
*MicroStrategy's purchases also affect other companies
*Peter Schiff's talking about the peak of gold and staying silent about Bitcoin
*Senator Warren's statement that North Korea is endangering the United States by buying Bitcoin
The popular analyst also quoted developments that he thinks are bearish signs:
*The technical levels showing the moon have started to improve
*BTC transfers to exchanges have started
*There was a gap of $39 thousand in CME
*Term demands are falling
Friday Monday's closing price of Bitcoin futures contracts on the Chicago Stock Exchange (CME) is the difference between the opening price of the Bitcoin futures contracts on Dec. 39 on the Chicago Stock Exchange (CME) on Friday and on Monday. The CME exchange is closed on weekends, but Bitcoin is open for processing 24/7. This situation creates a large gap between the opening and closing price when the CME is closed and a large price movement Decelerates
Therefore, at the end of this, futures may see drastic price movements, in which this gap closes.