Odaily Planet Daily reported that crypto analyst Willy Woo posted on X platform expressing optimism about Bitcoin’s performance from late January to February, as current internal investor flow models indicate the market has been steadily strengthening after bottoming out at the end of December last year. However, prices typically take 2-3 weeks to reflect this change. Additionally, derivatives liquidity in the futures market is returning after months of dormancy, similar to mid-2021, which led to the second top of the previous cycle. Currently, Bitcoin needs to challenge the $98,000 to $100,000 price range; if it breaks through this level, attention should be paid to the resistance at the all-time high (ATH).
However, Willy Woo remains bearish for the entire 2026 year, as from a macro perspective, liquidity flow relative to price momentum has been weakening since January 2025. If a large influx of spot liquidity emerges in the coming months to break the downtrend, it could change his outlook. The bear market has not yet been confirmed, with the sign being a continuous increase in negative Bitcoin outflows, which is a lagging indicator of cycle tops.
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
Bitcoin Whale Sends $20M in BTC to Binance, Hinting at Possible Sale
A bitcoin whale transferred 300 BTC worth over $20 million to Binance, prompting speculation about a potential sale. Despite this move, the wallet still holds 200 BTC, currently valued around $13.8 million, suggesting the owner may face losses.
CryptoNewsFlash5m ago
Global Markets Shift as Oil Jumps and Bitcoin Holds Ground
Global markets moved unevenly as geopolitical tensions intensified and energy prices climbed sharply. Oil prices surged above key levels while Bitcoin maintained stability despite pressure. Meanwhile, equities fluctuated as traders reacted to escalating rhetoric and uncertain diplomatic outcomes.
O
CryptoBreaking22m ago
Solo Bitcoin Miner Hits $210K Block Reward in Rare CKpool Win
A solo Bitcoin miner using CKpool secured a rare success, solving a block and earning 3.139 BTC worth about $210,000, despite running a modest setup of 230 TH/s, which has a 1-in-28,000 chance of success daily.
CryptoNewsFlash3h ago
Former special correspondent talks in depth about the history of Bitcoin being normalized after witnessing it in the White House, and offers beginner advice
Bitcoin Magazine interviews former White House reporter Corva, sharing his experience of becoming a Bitcoin advocate and analyzing Bitcoin’s role in humanitarianism and global finance. He emphasizes that policy needs legislative support, advises beginners to use dollar-cost averaging, and encourages community involvement to expand its broader impact.
ChainNewsAbmedia3h ago
Iran Bitcoin Hashrate Drops 77% Amid Ongoing Conflict
Iran’s Bitcoin mining industry has taken a sharp hit. New data shows the country’s hashrate has dropped by 77% in just one quarter. Reports suggest Iran has lost around 7 exahashes per second. Its total hashrate now sits near 2 EH/s. Compared to past levels, when the nation had built a robust mining
Coinfomania6h ago
