Bitcoin initially dropped 4 percent following Iran's missile attack on Israel but has since rebounded to $61,800. Analysts Peter Brandt and Willy Woo provide their assessments, with Brandt stating that the recent rise did not break the seven-month downtrend, and a major uptrend will only begin if Bitcoin closes above $71,000. Woo agrees with a bearish medium-term outlook but expects an increase in the long term, suggesting a 1-3 week pause before the next bullish attempt.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-10-02
Will October Bring a Rise in Bitcoin (BTC) and Altcoins? Two Different Views from Peter Brandt and Willy Woo!