Analysts: BTC's next key test level is at $79,000; the next 3 to 6 weeks will determine whether a bottom has been formed.

CoinFeed reported on April 28th that crypto analyst Willy Woo, analyzing on the X platform, stated that Bitcoin's next test is whether it can effectively break through the recent cost base of approximately $79,000, a level he believes has about a 30% probability of success. If Bitcoin can hold above $65,000, the probability of a structural bottom will significantly increase. Woo indicated that Bitcoin is currently attempting to bottom out, but all conditions are not yet in place, and the next 3 to 6 weeks will be crucial.