{"id":7325,"date":"2026-03-09T12:01:40","date_gmt":"2026-03-09T12:01:40","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7325"},"modified":"2026-03-09T12:01:40","modified_gmt":"2026-03-09T12:01:40","slug":"willy-woo-flags-bitcoin-bull-trap-as-bear-market-enters-middle-phase","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7325","title":{"rendered":"Willy Woo Flags Bitcoin Bull Trap as Bear Market Enters Middle Phase"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_c10d0ab30bda6842c99d2a8658bc0a90\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">On-chain analyst Willy Woo warned that Bitcoin\u2019s recent recovery toward US$74K is a \u201cbull trap\u201d likely to last until the end of April before the broader downtrend resumes.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Bitcoin has declined 46.82% from its October 2025 all-time high of US$126K, with Woo placing the asset \u201csolidly in the middle of its bear market\u201d based on liquidity flows rather than price action alone.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Supporting data from Santiment and CryptoQuant aligns with Woo\u2019s bearish outlook, with whale selling continuing even as retail investors buy below US$70K.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Bitcoin\u2019s fallout from a record US$126K (AU$180K) in October 2025 surely made a lot of people nervous, waiting for some kind of rebound, no matter how small.\u00a0<\/p>\n<p>That said, Bitcoin\u2019s move back toward US$74,000 (AU$105K) may not mark a real recovery, as on-chain analyst Willy Woo warns it\u2019s just a classic bull trap.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Out to end of April.<\/p>\n<p>I will always hold my views lightly according to liquidity changes (I don&#8217;t use price levels). If capital comes back in force with the right type of long term investors, then I&#8217;ll happily change my views.<\/p>\n<p>\u2014 Willy Woo (@willywoo) <a href=\"https:\/\/twitter.com\/willywoo\/status\/2030446908725195236?ref_src=twsrc%5Etfw\">March 8, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Woo\u2019s view is that the market is no longer in the early stage of the downturn. He has described Bitcoin as being in the middle part of a bear cycle, where temporary rallies can appear convincing but fail because longer-term capital has not returned. He said the current bounce could continue through the end of April, but not necessarily change the wider direction.<\/p>\n<p><strong>Related: OKX Says Australia Could Unlock $24B Digital Finance Boom With Faster Crypto Rules<\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-a-three-phase-bear-market\">A Three-Phase Bear Market<\/h2>\n<p>Woo\u2019s analytical framework breaks Bitcoin bear markets into three phases.\u00a0<\/p>\n<p>In February, he said the market was moving from the first phase into the second, a stage where weakening liquidity spreads across broader risk assets.<\/p>\n<p>The final phase, in his framework, occurs only after a deeper capitulation followed by renewed long-term capital entering the market.<\/p>\n<p>Based on this model, Woo projects a potential cycle bottom near US$45K (AU$64K) in late 2026, with a new bull market possibly emerging in 2027.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-sentiment-data-supports-the-bearish-case\">Sentiment Data Supports the Bearish Case<\/h2>\n<p>Data from Santiment shows large holders continuing to sell while retail traders accumulate Bitcoin below US$70K (AU$100K), a pattern the firm says often precedes further corrections.<\/p>\n<p>CryptoQuant has also indicated the market still reflects bear-cycle conditions despite the recent rebound. It should be noted the Crypto Fear and Greed Index has returned to \u201cextreme fear,\u201d which clearly suggests market confidence remains weak.<\/p>\n<p>Analyst Benjamin Cowen, independently, characterised 2026 as \u201ca bear market year\u201d for Bitcoin, stating new all-time highs are unlikely before conditions improve substantially.\u00a0\u00a0<\/p>\n<p>Bitcoin was trading at US$67K (AU$95K) at the time of publication, up 3.74% over the past 30 days but still sitting 46.82% below its all-time high. The asset touched recent lows near US$59K (AU$89K) in February before recovering.<\/p>\n<p><strong>Read more: OKX Says Australia Could Unlock $24B Digital Finance Boom With Faster Crypto Rules<\/strong><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>Bear Market,Bitcoin#Willy #Woo #Flags #Bitcoin #Bull #Trap #Bear #Market #Enters #Middle #Phase1773057700<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On-chain analyst Willy Woo warned that Bitcoin\u2019s recent recovery toward US$74K is a \u201cbull trap\u201d likely to last until the end of April before the broader downtrend resumes. Bitcoin has declined 46.82% from its October 2025 all-time high of US$126K, with Woo placing the asset \u201csolidly in the middle of its bear market\u201d based on<\/p>\n","protected":false},"author":1,"featured_media":7326,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[192,91,200,241,498,43,2951,661,209,3170,3171],"class_list":{"0":"post-7325","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-bear","9":"tag-bitcoin","10":"tag-bull","11":"tag-enters","12":"tag-flags","13":"tag-market","14":"tag-middle","15":"tag-phase","16":"tag-trap","17":"tag-willy","18":"tag-woo"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Willy Woo Flags Bitcoin Bull Trap as Bear Market Enters Middle Phase - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=7325\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Willy Woo Flags Bitcoin Bull Trap as Bear Market Enters Middle Phase\" \/>\n<meta property=\"og:description\" content=\"On-chain analyst Willy Woo warned that Bitcoin\u2019s recent recovery toward US$74K is a \u201cbull trap\u201d likely to last until the end of April before the broader downtrend resumes. 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