Willy Woo: Bitcoin has most likely 'bottomed out,' duration of bull market unknown.

BlockBeats news, September 16 - Crypto analyst Willy Woo posted, "Personally, I believe there is a 90% probability that the crypto market has bottomed out. Based on the return of long-term investor liquidity, we are currently in an early bull market structure. The core of this judgment is BTC's liquidity structure; I deliberately avoid historical cycle patterns, even though these cycle patterns have performed exceptionally well in identifying market bottoms so far. Judging by cycle patterns, the consensus probability among other analysts is about 40%.

From the perspective of liquidity structure, we are currently in an early bull market, and the market bottom has most likely already appeared. If this judgment is correct, then there is another question: how long will this bull market actually last? Will it last 3 years? I would not necessarily bet on this, because historical cycle patterns are gradually becoming ineffective. As long as investor capital inflows do not significantly weaken, the bull market structure will continue, but the duration cannot be determined at present."