CoinWorld News reports that Willy Woo posted on X stating that investors’ bearish sell-offs have weakened, and prices have temporarily stabilized, allowing for sideways movement for about a month, and possibly rebounding to the mid-$70,000 range, though a pullback may occur. The reason is that the overall market remains strongly bearish, with spot and futures liquidity both deteriorating. I have not seen Bitcoin rise when liquidity is all bearish. If I were to speculate, Q4 could mark the end of the bearish trend, and a bullish momentum may return in the first or second quarter of 2027. About $45,000 could serve as a typical bear market bottom. Since 2009, Bitcoin has been in a long-term global bull market until 2026. If the global macro environment worsens, $30,000 may become a support level for a pullback, and $16,000 could be the final bottom to sustain the Bitcoin bull trend.
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Analyst: BTC may bottom out at $45,000 and end the bear market in Q4, with a bull market rebound expected in Q1/Q2 of 2027.
CoinWorld News reports that Willy Woo posted on X stating that investors’ bearish sell-offs have weakened, and prices have temporarily stabilized, allowing for sideways movement for about a month, and possibly rebounding to the mid-$70,000 range, though a pullback may occur. The reason is that the overall market remains strongly bearish, with spot and futures liquidity both deteriorating. I have not seen Bitcoin rise when liquidity is all bearish. If I were to speculate, Q4 could mark the end of the bearish trend, and a bullish momentum may return in the first or second quarter of 2027. About $45,000 could serve as a typical bear market bottom. Since 2009, Bitcoin has been in a long-term global bull market until 2026. If the global macro environment worsens, $30,000 may become a support level for a pullback, and $16,000 could be the final bottom to sustain the Bitcoin bull trend.