Risk Peaks in Crypto Cycle Bitcoin Trader Issues Alert

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While Bitcoin analyst Willy Woo advises caution over the coming months, other crypto analysts are optimistic that Bitcoin has a “high probability of reversal.”

A Bitcoin analyst has warned crypto market participants to tread carefully in the coming months, with more profit-taking expected in the near term.

“Risk is peaking for the first time in this cycle, and there’s a ton of profit in coins that have been selling and plenty more profit-taking to go before we are properly reset,” Bitcoin analyst Willy Woo said in a Jan. 10 X post.

Willy Woo advises a ‘cautious approach’ for the coming months

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