In a recent post, the renowned analyst highlighted the significance of the inverse head and shoulders pattern as a signal of a bullish trend, indicating a shift in market dominance towards buyers. The esteemed crypto analyst and co-founder of CMCC Crest, Willy Woo, conveyed his optimism for the upcoming surge, emphasizing the importance of Bitcoin’s price staying above the short-term support level of $59,500 to sustain its upward trajectory. Woo shared this insight with his extensive following of 1.1 million on X on May 3rd.
