Bitcoin to Re-Test All-Time High With Delayed Timeline

Bitcoin’s (BTC) chart structure continues to struggle to break into bullish territory, suggesting that a retest of its all-time high of $73,679 may take longer than many optimists hope, according to crypto analysts. “Structure mid-term is bearish, moving to neutral and trying to get bullish. ATH will take time,” popular Bitcoin analyst Willy Woo expressed in an Oct. 2 post on X. He noted that Bitcoin’s short-term structure indicates that the next one to three weeks might serve as a cooling-off period before “the next bullish attempt.” “I don’t think we get Uptober, sideways Oct, and Nov-Dec for laser eye

Source: CryptoIntelligence