Is BTC bottoming out? The key resistance is $79k, and the next 6 weeks may determine the trend

On-chain analyst Willy Woo recently stated that Bitcoin is attempting to establish a cyclical bottom, but the market is still in a critical validation phase.
From the on-chain cost structure, approximately $79,000 is an important cost line for short-term investors. If the price can effectively break through this area, market sentiment and structure could see significant improvement. However, he believes the probability of a successful breakout this time is about 30%, and some uncertainty still remains.
At the same time, he pointed out that if BTC can sustain above $65,000 and no longer falls below this key support level, the probability of the market confirming a "structural bottom" will significantly increase.
However, all bottom signals have not yet fully formed, and the price performance over the next 3 to 6 weeks will be an important window for observing the medium- to long-term trend.
In market cycles, the true bottom often does not form in a single day but gradually appears through repeated testing of time and sentiment.
Many people always want to pinpoint the exact bottom, but mature investors focus more on:
Whether the trend is beginning to change.
The market does not reward guesses but rewards those who can patiently wait for confirmation. 🚀