Bitcoin's Worst-Case Bearish Scenario by Willy Woo: BTC Could Fall to $16,000 - U.Today

BTC0,11%
ETH0,28%
XRP-0,83%
ADA-1,29%
  • Worst-case scenario for Bitcoin and theoretical drop to $16,000
  • High probability window for Bitcoin bottom named by CryptoQuant Crypto trader and entrepreneur Willy Woo has published a tweet to comment on the current crypto market situation. He also shared his take on when the current bear market is likely to end, laying out a potential worst-case scenario and where it may push Bitcoin should it indeed happen.

His forecast about the end of the bear market coincides with the analysis shared by CryptoQuant today.

Worst-case scenario for Bitcoin and theoretical drop to $16,000

The good news is that Willy Woo believes that the selling streak by Bitcoin investors is fading out. This means, he explains, that from here on, Bitcoin is likely to trade sideways for approximately a month. A rebound to the mid-$70,000s may take place, but it would “likely be rejected,” he believes.

HOT Stories

XRP-Friendly SBI to Launch Japan Stablecoin in Q2, Ethereum May ‘Flip’ Bitcoin in Five Years Amid Quantum Threat, Cardano’s USDC Eyes Two-Day Deadline: Morning Crypto Report

Critical XRP Ledger Bug in Batch Amendment Could Have Drained User Wallets

The key reason for this, per Woo, is that “the broader regime is heavily bearish,” meaning that liquidity is draining from both the spot and futures crypto markets. Bitcoin is unlikely to rally “when both sources of liquidity are bearish,” Woo stated. He attached a chart of the Bitcoin Flow Model to his tweet.

Woo offered the community “an educated guess,” saying that the fourth quarter of this year would be a perfect time for the bearish trend to end. As for the potential return of bullish momentum, that is likely in the first or the second quarter of 2027, according to him. But before it happens, Bitcoin could reach a “typical bear market bottom” of roughly $45,000 by Q4 this year.

Woo also viewed a potential, but perhaps not too likely, worst-case scenario that could happen to the world’s flagship cryptocurrency. If the broader global macroeconomic environment undergoes any significant negative changes, Bitcoin might collapse as low as to find support at the $16,000 level per coin.

High probability window for Bitcoin bottom named by CryptoQuant

On-chain analysis company CryptoQuant has used the historical data from the three previous Bitcoin halvings (in 2012, 2016 and 2020) in an attempt to figure out when the Bitcoin price may reverse after the 2024 April halving.

There are three options, and they point at June, September and October 2026, respectively, as a period when BTC may reach a bottom and begin rising again. This is 777-925 days post-halving historically.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin and the US dollar have a 'symbiotic' relationship: BPI exec

US dollar-pegged stablecoins and Bitcoin (BTC) share a “symbiotic” relationship, mutually benefitting from rising adoption, according to Sam Lyman, head of research at Bitcoin Policy Institute (BPI), a Washington DC-based digital asset advocacy organization. “Bitcoin is beneficial to the US

Cointelegraph50m ago

Ex-UK Chancellor backs bitcoin as alternative to failing systems

Kwasi Kwarteng, the UK’s former Chancellor of the Exchequer who served just weeks in September 2022, is re-emerging with a new focus on bitcoin, monetary history, and long-term economic thinking. Reflecting on the infamous mini-budget in an interview with CoinDesk, he was candid about the

CoinDesk1h ago

Solana Holds Key Support as Bitcoin Rally Lifts Crypto Market

Solana's price remained above $80 amid rising Bitcoin values, contributing to a broader crypto market recovery with a capitalization of $2.35 trillion. Institutional demand and easing geopolitical tensions supported this growth, while Solana led in decentralized finance activity, recording significant DEX and stablecoin volumes in March.

CryptoNewsLand2h ago

Robert Kiyosaki warns of a “fake coin” crash, insisting Bitcoin is the safest asset for 2026

Robert Kiyosaki, in a recent post, said that Bitcoin and Ethereum could become the safest investments of 2026, because the United States continues to print money, debt is rising, and inflation is worsening. He criticized the safety of U.S. Treasuries as “the biggest lie,” and noted that real assets and cryptocurrencies can preserve wealth during inflation. His investment recommendations include holding Bitcoin, gold, silver, and commodities. Although some of his predictions weren’t accurate, some of his long-term predictions have come true.

MarketWhisper2h ago
Comment
0/400
No comments