Willy Woo Sees Bitcoin Bear Market Lasting to Q4 2026 With Possible Drop Toward $30,000
Bitcoin traded sideways after a sharp pullback, with its price dropping nearly 7% over the past week as it hovered around $68,880. On-chain analyst Willy Woo expects only a brief consolidation and warns the broader bear trend could extend until Q4 2026, with a typical bottom near $45,000 and potential downside to $30,000 in a severe macro shock. Other analysts pointed to leveraged whale losses, a bearish flag pattern with risk toward $45,000 below $63,000, and correlations with sliding U.S. stock futures amid heightened geopolitical tensions.