Willy Woo: Optimistic about Bitcoin's performance in January-February, but cautious about 2026

CoinVoice has learned that crypto analyst Willy Woo has expressed optimism about Bitcoin’s performance from late January to February, but is currently bearish on 2026.

Willy Woo stated: “The internal investor capital flow model predicts that Bitcoin bottomed on December 24 and has been steadily strengthening since then. Typically, it takes 2-3 weeks for this to be reflected in the price, so this situation is currently happening (just suppressed by short-term overbought technical indicators). Another positive factor is that the liquidity of fiat currency (futures market) is recovering after months of stagnation, similar to mid-2021, which led to the second top of the previous cycle. Therefore, the resistance level of $98,000 - $100,000 needs to hold. If this resistance is broken, the next step is to observe the resistance at ATH.

However, I remain bearish on 2026 because, from a macro perspective, since January 2025, liquidity relative to price momentum has been weakening. We are currently in the final stage of a hot zone, where momentum lacks sufficient liquidity support. If in the coming months a large influx of spot (long-term) liquidity occurs, breaking the downtrend, my view will change. It’s worth noting that a bear market has not yet been confirmed, and confirmation would manifest as a continued outflow of Bitcoin funds (a lagging indicator of cycle top).”