$BTC Price May Drop Again — Expert Willy Woo Sounds Alarm for Another Massive Crash in Crypto Market 🚨
$BTC showed no clear recovery after a recent jump from $63,500 to $74,000 — #bitcoin price slid back to about $65,460. This weak upward bounce increases the chance of another drop rather than a quick upward movement.
Technically, BTC price showed movement in a sideways range: bitcoin price was up from the lower boundary twice, then returned to the lower boundary after breaking the top. A sustained bullish movement will only be visible once Bitcoin breaks the range to the upside.
Veteran crypto analyst Willy Woo warns the current range of $BTC price is unlikely to be a true “bottom.” He says weak, uncertain rallies can be traps and noted that he relies on liquidity signals rather than price movements only. Right now liquidity is thin and big funds aren’t returning — it is a clear signal 🚩 that there is possibility of a deeper downward correction of #bitcoin . The bearish trend in US stock market is adding extra pressure on #bitcoin too.
Woo expects the downward correction may continue through April. Retail traders may mistake short-lived gains for a change of trend, but for genuine bullish trend strong signals and reversal patterns is needed — which are not present yet. Watch liquidity and key technical breakouts before assuming the broader downtrend in crypto market is over.
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