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

BTC-1,24%

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.

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