Willy Woo Updates Bitcoin Outlook: Why Bearish Trend Could Persist Through Spring

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Well-known analyst Willy Woo stated that the Bitcoin market has entered a phase of deep consolidation that will last for at least several more weeks. According to Woo, the key barrier right now is the short-term holder price (STH price), which is located at the $84,000 level and is declining daily. Until BTC breaks this mark, expecting growth is pointless. Advertisement Why short-term holders matter most for Bitcoin right now It all comes down to market psychology and the so-called “break-even point.” Short-term holders (STH) are the most nervous category of investors — those who have held coins for less than 155 days. In on-chain analytics, the position of the price relative to the STH price is a watershed between bull and bear markets: HOT Stories Schiff Claims Banking Lobby Crushed Crypto XRP Needs This Breakout for $2 Run, Bitcoin (BTC) Trendline Shows Price's Future, Shiba Inu (SHIB) Hunts for 100 EMA: Crypto Market Review Price above STH: New money is making profits, optimism dominates the market and speculators are ready to buy on pullbacks. Price below STH, as now: New money is losing. The market perceives any local rise as an opportunity to “get out,” rather than as the start of a rally. Willy Woo notes that the $84,000 level for Bitcoin is crawling downward every day. This is a bad sign. It means that older short-term holders are locking in losses and exiting, while their place is taken by new buyers at lower prices. Advertisement I’d agree with this picture with the rejection at STH price which is 84k and dropping each day. Still weeks more in this mid bear consolidation. — Willy Woo (@willywoo) March 26, 2026 The market is redistributing, but there is no impulse for growth because every new buyer is also ready to close at “break-even” at the slightest noise. You Might Also Like Thu, 03/26/2026 - 00:01 XRP Needs This Breakout for $2 Run, Bitcoin (BTC) Trendline Shows Price's Future, Shiba Inu (SHIB) Hunts for 100 EMA: Crypto Market Review By Arman Shirinyan Advertisement The BTC price is trading around $70,100, trying to hold psychological support. Investors are reducing high-leverage positions, fearing a sharp move downward after a false rise toward $80,000. Large players are not rushing to buy right now, waiting for the price to finally find a bottom. The coming weeks will be decisive for determining the trend for the entire spring of 2026. #Bitcoin #Bitcoin Price Prediction #Willy Woo