Bitcoin Currently Forming a Bullish Chart Pattern, According to On-Chain Analyst Willy Woo

Bitcoin Currently Forming a Bullish Chart Pattern, According to On-Chain Analyst Willy Woo – But There's a Catch

Popular on-chain analyst Willy Woo is updating his outlook on Bitcoin BTC BTC - $62730.567 suggesting that the market is starting to look bullish. Woo tells his 1.1 million followers on the social media platform X that Bitcoin may be forming a bull flag pattern, setting the stage for a breakout.

Source: dailyhodl.com

Related symbols: BTCUSD

2024-09-18 18:13:03 GMT.

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Price & Market Data

Price: $62730.567

Volume 24h: $43,858,835,032.67

Market Cap: $1,239,323,899,360.31

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.