Willy Woo identifies potential range for Bitcoin’s bottom., 2026/03/30 12:36:24

The potential bottom for Bitcoin’s price may be established within the range of $46,000 to $54,000, according to Willy Woo, co-founder of the Bitcoin Vector project, who based his analysis on proprietary on-chain models.

In the price chart, the analyst highlighted an indicator that reflects the amount of capital invested in Bitcoin. He noted that since November, this metric has shown a downward trend, indicating a reduction in the total capital within the asset. Woo mentioned that a rebound could commence if the price falls below approximately $54,200.

Another model, known as the CVDD Floor, takes into account the duration of coin holding before they are moved. A decline in the indicator line typically signifies a strengthening of the bearish trend, while an increase may indicate a weakening of it. According to Woo, the line has started to rise at this time. The model suggests a level around $45,500 as a reference point for the onset of a correction.

As of March 30, Bitcoin is trading near $67,600. Previously, on March 27, amid geopolitical uncertainty, the price had dropped to $65,600.

In mid-March, Woo noted that the market had only experienced part of the bearish cycle, and the establishment of a stable bottom could take several months. He also pointed out a decline in market participants’ sentiment: investors are becoming more inclined to realize losses, which increases pressure on the price. 

He assessed that for a trend reversal to occur, there needs to be a reduction in BTC supply on exchanges, a decrease in selling from short-term holders, and signs of demand from larger players.