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Bitcoin Faces Cooling Phase Unless Bulls Step In, Says On-Chain Expert

02.06.2025 9:00 1 min. read Alexander Stefanov
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Bitcoin Faces Cooling Phase Unless Bulls Step In, Says On-Chain Expert

On-chain analyst Willy Woo is signaling a possible cooldown in Bitcoin’s trend, suggesting the asset could be heading into a prolonged consolidation phase if it doesn’t reclaim strength soon.

In a recent update, Woo noted that Bitcoin is nearing a bearish divergence on the weekly timeframe—a setup where prices push higher, but momentum indicators like RSI begin to fade, hinting at exhaustion in the rally. He hinted that unless Bitcoin bounces by early next week, the market may drift sideways for an extended period.

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Despite this short-term caution, Woo says Bitcoin’s broader fundamentals remain solid. Pullbacks, in his view, are simply the market catching up after an unusually rapid climb in previous months. Using proprietary insights from his firm, Bitcoin Vector, Woo emphasized that current resistance is technical in nature, not rooted in weakening network strength.

Looking ahead, Woo urged traders to move past expectations of neat four-year halving cycles. He believes Bitcoin’s price movements are now heavily influenced by global liquidity and macroeconomic shifts, not just internal supply shocks.

In his words, BTC has become a “macro asset”—a leading signal for shifts in global markets rather than a purely cyclical digital commodity.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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