Settlement Conditions
Prediction Details
Sideways Trading: Bitcoin is expected to trade sideways for approximately one month as the current selling streak fades.
The “$70k Rejection”: While a rebound to the mid-$70,000s is possible, Woo predicts it would “likely be rejected” due to a lack of liquidity in both spot and futures markets.
“~45k would be a typical bear market bottom.”
“BTC has only ever existed in a secular global macro bull market 2009-2026. If global macro breaks down, then 30k is the fall back level of support, 16k as the final line to maintain BTC’s bull trend.”
