Cryptocurrency analyst Willy Woo analyzed that Bitcoin is currently continuing its attempt to form a bottom. He believes that breaking through approximately $79,000, which is the average purchase price for short-term investors, will be a critical test for a future upward reversal. However, he expressed caution, estimating the success rate of this rebound attempt to be around 30%. Willy Woo added that if Bitcoin stably holds support above $65,000, the likelihood of a structural bottom being confirmed will significantly increase. He emphasized, "The bottom signals are not yet fully in place," and that the price movement over the next 3 to 6 weeks will be an important watershed moment that will determine the medium to long-term trend.
