Willy Woo shows that “flows into the Bitcoin network remain fairly neutral.”
Previously, Woo had said that “bitcoin at $45,000 would be a typical bear market low.”
The price of bitcoin (BTC) reached below $73,000 this morning, Thursday, May 28, 2026.
The digital currency, which has a 6% drop in its price during the last 7 daysthus moving away from what seemed to be a confirmed upward trend.
As CriptoNoticias reported yesterday, bitcoin was (or is, rather) close to forming an upward trend confirmation pattern known as the “golden cross” (or “golden cross”), but this price drop makes its realization difficult.
The following chart shows how bitcoin has moved over the last 7 days:
In this context, professional trader and market analyst Willy Woo relies on the ‘Macro Cycle Risk Model’ (or “macro cycle risk model” in Spanish) to determine that «the lateral structure is still in force». Woo adds that “the risk decreases a little” and that “the flows to the network remain quite neutral.”
The trader accompanies his publication in X, made this May 28, with the following image of the price model he uses:
In any case, Woo not only brings calm to the market, since also detects a negative signal. The analyst says:
I am also reading an uptrend exhaustion signal in the equity market (equities), with an estimated date for July-August onwards. It is a technical pattern, that is, not so reliable since it is not anchored in data on the real behavior of investors, such as those we have access to with the BTC on-chain… but if it materializes, BTC could follow a downward trend after June.
Willy Woo, professional trader and market analyst.
Let’s remember that Willy Woo In February 2026 he said that “bitcoin at USD 45,000 would be a typical bear market minimum”. On February 19, CriptoNoticias reported that the idea that the digital currency could go towards those price levels was being revived.
Most likely, news about the war in Iranthe reopening (or not) of the Strait of Hormuz and the consequences of that war conflict (for example, a global inflationary increase) will have an impact on the price of bitcoin in the coming days and determine what the sentiment—and therefore behavior—of the market will be.
Despite the fact that US President Donald Trump gives frequent messages of optimism, the reality is that the war continues to extend over time with no concrete signs that the end is near. That leads some to predict worst-case scenarios, such as finance specialist Damir Tokic, who has said that the war in Iran is one step away from “a catastrophic escalation.”