Renowned cryptanalyst Willy Wu writes that BTC is in its

Renowned cryptanalyst Willy Wu writes that BTC is in its early stages of a bullish cycle. Equivalent to the level of $20,000 in the last cycle. He writes about this on his Twitter (1 million subscribers):“BTC at $71,000 allows us to see upper and lower boundary patterns. The upper limit is now $337,000. So this bull market is still in its very early stages, equivalent to the $20,000 level of the last cycle.
The last cycle did not top out due to the flow of paper BTC, this cycle is less dominant.”
The valuation has a right to exist, although in the current situation it rather pushes traders and investors to buy on highs without waiting for a correction. Which is rarely a strategy for success.
- The new ATH on the Binance spot by this time is $72,226.
- The new ATH on Binance futures at this time is $72,345.
- The new ATH on BTC futures on the Chicago Mercantile Exchange (CME) by this hour is $73,200.
$BTC

.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}Renowned cryptanalyst Willy Wu writes that BTC is in its early stages of a bullish cycle. Equivalent to the level of $20,000 in the last cycle. He writes about this on his Twitter (1 million subscribers):

Renowned cryptanalyst Willy Wu writes that BTC is in its early stages of a bullish cycle. Equivalent to the level of $20,000 in the last cycle. He writes about this on his Twitter (1 million subscribers):