Bitcoin Sell-Off Slows Down, But The Road To Recovery Is Long — Analyst

Bitcoin's sell-off appears to be slowing according to analysts, but recovery remains distant with crypto analyst Willy Woo predicting the bearish trend won't end until Q4 2026. Despite exhausted selling pressure allowing for potential sideways consolidation, deteriorating spot and futures liquidity suggests any upward movement will likely be temporary.

• →Crypto analyst Willy Woo believes Bitcoin's bearish selling has exhausted, allowing for sideways consolidation for potentially a month.
• →Any bounce toward mid-$70,000 range would likely be rejected due to the broader bearish market regime.
• →Woo predicts the bearish trend won't end until Q4 2026, with a genuine bull run not returning until Q1 or Q2 2027.
• →Both spot and futures market liquidity are deteriorating simultaneously, which has never historically produced a real Bitcoin rally.
• →Bitwise CIO Matt Hougan attributes the drop to natural selling pressure rather than market manipulation, calling it a 'classic crypto winter.'