
PANews April 28 news, cryptocurrency analyst Willy Woo analyzed on platform X that Bitcoin's next test is whether it can effectively break through the recent investors' cost base, which is about 79,000 USD. He believes the probability of a successful breakthrough is about 30%. If Bitcoin can hold above 65,000 USD without falling, the probability of a structural bottom will significantly increase. Woo stated that Bitcoin is currently attempting to build a bottom, but all conditions are not yet in place, and the next 3 to 6 weeks will be crucial.
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