I have recently noticed that Willy Woo's analyses of Bitcoin movement deserve attention.

The analyst was pointing out that the initial bear market for Bitcoin was very sharp and faster than usual, and this strong early crash sets the stage for a potential rebound toward the $85,000 level.

What’s interesting is that capital inflows have regained strength since mid-February, and indicators hint at a gradual shift in market sentiment toward the positive side. The current price around $78,000 reflects this dynamic — we are not far from the expected rebound level.

But here’s the important part: a rebound to $85,000 does not mean we have reached the market bottom. From a liquidity and long-term cycle perspective, Bitcoin is still in the middle of its downtrend. History tells us that after such sharp declines, we usually see a sideways consolidation period, followed by several attempts to test major resistance levels before any real rally.

The current scene in Bitcoin’s bear market seems to be unfolding exactly as serious analysts predicted. Numbers are moving, dynamics are changing, but the bigger picture requires patience and caution.