TechFlow News: On February 27, crypto analyst Willy Woo posted on social media stating that investors’ bearish selling pressure appears to have been exhausted, potentially leading to a sideways consolidation phase lasting approximately one month—or even a rebound toward the mid-$70,000 range, though such a move may face rejection. Woo noted that the current market environment is severely bearish, with both spot and futures liquidity deteriorating; he emphasized that he has never seen Bitcoin rally when both liquidity sources are simultaneously bearish. Woo forecasts that the bear market trend may conclude in Q4 2026, with bull market momentum potentially returning in Q1 or Q2 2027. The bear market bottom could settle around $45,000. In the event of a global macroeconomic collapse, $30,000 would serve as a support level, while $16,000 would represent the final line of defense for sustaining Bitcoin’s bull market trend.
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