Bitcoin Consolidation Period May Last Several Months

As the global economic landscape continues to evolve, investors are closely watching the performance of major cryptocurrencies like Bitcoin.

According to Willy Woo, a prominent crypto analyst, Bitcoin's price decline may not be over yet. In a recent assessment, Woo predicts that the cryptocurrency could remain in a consolidation phase for several months before recovering.

This period of stabilization is not necessarily bearish, as it can reflect a time of digestion after sharp declines, allowing market participants to absorb risk and rebuild confidence. Historical cycles have shown that extended sideways moves can precede strong upward trends, and Woo believes that when fundamentals and adoption indicators remain supportive, a rebound in the Bitcoin price is inevitable.

Woo's analysis places emphasis on structural indicators, liquidity flows, and macro conditions, rather than speculative bullish optimism or purely macro influences. He notes that selling pressure from major holders and whales has slowed, indicating less downward pressure on price at current levels, but liquidity remains uneven.