{"id":71773,"date":"2026-04-29T02:23:35","date_gmt":"2026-04-29T02:23:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-attempts-bottom-as-analyst-flags-79k-and-65k-levels\/"},"modified":"2026-04-29T02:23:35","modified_gmt":"2026-04-29T02:23:35","slug":"bitcoin-attempts-bottom-as-analyst-flags-79k-and-65k-levels","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/bitcoin-attempts-bottom-as-analyst-flags-79k-and-65k-levels\/","title":{"rendered":"Bitcoin Attempts Bottom as Analyst Flags $79K and $65K Levels"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<section class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-(--header-height)\" dir=\"auto\" data-turn-id=\"371bc190-a53f-49d7-868e-5bf71dfa5268\" data-testid=\"conversation-turn-33\" data-scroll-anchor=\"false\" data-turn=\"user\"\/>\n<section class=\"text-token-text-primary w-full focus:outline-none [--shadow-height:45px] has-data-writing-block:pointer-events-none has-data-writing-block:-mt-(--shadow-height) has-data-writing-block:pt-(--shadow-height) [&amp;:has([data-writing-block])&gt;*]:pointer-events-auto [content-visibility:auto] supports-[content-visibility:auto]:[contain-intrinsic-size:auto_100lvh] R6Vx5W_threadScrollVars scroll-mb-[calc(var(--scroll-root-safe-area-inset-bottom,0px)+var(--thread-response-height))] scroll-mt-[calc(var(--header-height)+min(200px,max(70px,20svh)))]\" dir=\"auto\" data-turn-id=\"request-WEB:57237ec8-77c0-4f6c-b9e7-6ceb3188edb4-16\" data-testid=\"conversation-turn-34\" data-scroll-anchor=\"false\" data-turn=\"assistant\">\n<div class=\"text-base my-auto mx-auto pb-10 [--thread-content-margin:var(--thread-content-margin-xs,calc(var(--spacing)*4))] @w-sm\/main:[--thread-content-margin:var(--thread-content-margin-sm,calc(var(--spacing)*6))] @w-lg\/main:[--thread-content-margin:var(--thread-content-margin-lg,calc(var(--spacing)*16))] px-(--thread-content-margin)\">\n<div class=\"[--thread-content-max-width:40rem] @w-lg\/main:[--thread-content-max-width:48rem] mx-auto max-w-(--thread-content-max-width) flex-1 group\/turn-messages focus-visible:outline-hidden relative flex w-full min-w-0 flex-col agent-turn\">\n<div class=\"flex max-w-full flex-col gap-4 grow\">\n<div class=\"min-h-8 text-message relative flex w-full flex-col items-end gap-2 text-start break-words whitespace-normal outline-none keyboard-focused:focus-ring [.text-message+&amp;]:mt-1\" dir=\"auto\" tabindex=\"0\" data-message-author-role=\"assistant\" data-message-id=\"7fab66ca-1cce-4107-8d41-95172a1f381d\" data-message-model-slug=\"gpt-5-5-thinking\" data-turn-start-message=\"true\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden\">\n<div class=\"markdown prose dark:prose-invert w-full wrap-break-word light markdown-new-styling\">\n<p data-start=\"0\" data-end=\"221\"><strong> <span>Bitcoin<\/span> is nearing a key price test that could confirm a bottom or expose this move as another failed attempt. The outcome will shape whether improving market conditions translate into a sustained recovery or stall again.<\/strong><\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n<p><strong>Key Takeaways:<\/strong><\/p>\n<ul>\n<li>Willy Woo identifies <span>bitcoin<\/span>\u2019s cost basis near $79K as a key test.<\/li>\n<li> <span>BTC<\/span> structure strengthens if $65K support holds after a breakout attempt.<\/li>\n<li>Woo said current levels would need months of sideways action before a bottom can form.<\/li>\n<\/ul>\n<h2> <span>Bitcoin<\/span>\u2019s $79K Test Puts Bottom Confirmation in Focus<\/h2>\n<p> <span>Bitcoin<\/span> is approaching a level that could confirm a bottom or expose the move as another failed attempt. On April 27, on-chain analyst Willy Woo said <span>BTC<\/span> must clear a key cost-basis threshold near $79,000. For traders waiting on confirmation, that level now sits at the center of the market\u2019s next test.<\/p>\n<p>Woo framed the setup around recent investor positioning, not short-term momentum. He wrote, \u201cThe next test for <span>BTC<\/span> is cleanly breaking the cost basis of recent investors ($79K).\u201d He gave the move limited odds on this attempt, stating:<\/p>\n<blockquote>\n<p>\u201cI give it 30% odds on doing this on this attempt. After that, if <span>BTC<\/span> manages to hold this price level above $65K and not break down, then the chances of a structural bottom increases significantly.\u201d<\/p>\n<\/blockquote>\n<p>That makes the structure clear: <span>BTC<\/span> needs a decisive break higher, then must avoid losing the lower range that keeps the bottom case intact.<\/p>\n<h2> <span>Bitcoin<\/span> Structure Still Forming Despite Improving Market Signals<\/h2>\n<p>The broader context shows why the test matters now. Capital flows into <span>BTC<\/span> have turned positive for the first time since January. <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-liquidity\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">Liquidity<\/a> is repairing, spot remains stable, and derivatives are making another rebound attempt after being damaged on Oct. 10. Those changes support the setup, but they do not complete it. In this framework, stronger flows must translate into price action above recent investor cost basis.<\/p>\n<p>His April 5 framework adds the missing layer for bottom watchers. Woo said bear-market endings usually involve three steps: price breaks above the cost basis of recent investors, passive hope turns into aggressive buying, and that demand pushes the cost-basis trend higher. He later warned it is \u201cnot a bottom yet,\u201d adding that current levels would need many months of sideways action to build a structural floor. That keeps patience central to the analysis, even if bulls are starting to get stronger evidence.<\/p>\n<p>For now, <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> remains in a setup phase, not a confirmed bottom. Woo stated:<\/p>\n<blockquote>\n<p>\u201c <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> is currently attempting a bottom, but all the pieces are not yet in place, the next 3-6 weeks will be telling.\u201d<\/p>\n<\/blockquote>\n<p>The market\u2019s path is defined by two levels: $79,000 as the confirmation test and $65,000 as the level that must hold. Until <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">BTC<\/a> clears one and protects the other, the bottom case remains unconfirmed.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/bitcoin-attempts-bottom-as-analyst-flags-79k-and-65k-levels\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Bitcoin is nearing a key price test that could confirm a bottom or expose this move as another failed attempt. The outcome will shape whether improving market conditions translate into a sustained recovery or stall again. Key Takeaways: Willy Woo identifies bitcoin\u2019s cost basis near $79K as a [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":71774,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71773"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=71773"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/71773\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/71774"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=71773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=71773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=71773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}