Bitcoin analyst Willy Woo: The current selling pressure may temporarily ease, and the bear market could continue until early 2027

BTC3,24%

PANews, February 27 — Bitcoin analyst Willy Woo tweeted that his on-chain and liquidity models indicate that the selling pressure from Bitcoin investors has largely eased. The price may consolidate for about a month or so, possibly rebound to the mid-$70,000 range but likely face resistance. Woo stated that both spot and futures liquidity are currently bearish, and he has never seen a sustained rally when both sides are simultaneously bearish. His “educational analysis” suggests that this bear market could end in the fourth quarter of this year, with true bullish momentum possibly returning in the first or second quarter of 2027. The typical bear market bottom is around $45,000, and if the global macro environment weakens significantly, $30,000 and $16,000 will serve as key support levels and the last line of defense for maintaining a long-term bull market structure.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

BTC 15-minute drop of 0.47%: On-chain capital outflows and insufficient order book depth resonate, amplifying selling pressure

2026-04-06 16:45 to 17:00 (UTC), BTC recorded a return of -0.47% within 15 minutes. The price fluctuation range was 69782.3-70351.7 USDT, with an overall amplitude of 0.81%. Market attention rose rapidly; trading volume expanded in the short term, volatility intensified, and investors’ risk appetite fell significantly. The main driver of this unusual move was large outflows of on-chain funds and deep holders transferring BTC to trading platforms. Daily on-chain trading volume surged to approximately $37.4 billion, the highest in nearly 7 months. During the Americas trading session, the order book overall fl

GateNews29m ago

Bitcoin climbs above $70,000 as more contrarian bottoming signs emerge

Bitcoin's value surged past $70,000 amid a broader stock market rally, with a nearly 4% increase in 24 hours. Contrarian bulls highlight recent market signals, but uncertainty about the true bottom persists as mining companies sell off holdings.

CoinDesk50m ago

Over the past 24 hours, the entire network liquidated a total of $313 million, with short liquidations accounting for 86.6%.

According to CoinGlass data, on April 6, the total liquidation amount across the cryptocurrency market within 24 hours reached $313 million. Long positions totaled $41.9598 million, while short positions totaled $271 million, accounting for 86.6%. BTC and ETH liquidations were $158 million and $81.3885 million, respectively, for a total of 81,920 people being liquidated. The largest single liquidation was $4.1193 million on the Hyperliquid BTC-USD trading pair.

GateNews1h ago

3 Promising Cryptos to Watch Besides Bitcoin

Ethereum enables smart contracts and open financial access for global users. Solana offers fast transactions and low fees for scalable decentralized applications. Ripple supports fast, low-cost payments through an efficient consensus system. Bitcoin often dominates headlines, but other c

CryptoNewsLand1h ago
Comment
0/400
No comments