Bitcoin’s Next Move: Willy Woo Highlights Bullish Signals with Cautionary Notes
Crypto analyst Willy Woo remains bullish on Bitcoin, noting a decline in market risk and rising buyer liquidity—signals that suggest a potential long-term rally.
However, he warns that Bitcoin’s recent surge from $75,000 to $112,000 may be losing steam. Woo highlights this week as a critical pivot point, cautioning that a lack of follow-through could lead to a consolidation phase. He’s particularly concerned about late speculators going long while many holders may be preparing to take profits, as shown by the Spent Output Profit Ratio (SOPR). Bitcoin currently trades at $107,531.
Clever Robot News Desk 1st June 2025
