Willy Woo Warns Bitcoin Surge Toward Mid-$80,000 Region Could Be Bull Trap

On-chain analyst Willy Woo is cautioning Bitcoin traders that a possible move toward the mid-$80,000 area may only be a bull trap rather than the start of a new uptrend. He argues that BTC's sharp sell-off in this early bear market has left conditions suitable for a temporary relief rally, but he does not believe the market has definitively found a bottom. Woo suggests the rally, which he tentatively sees extending into late April, would be driven by liquidity dynamics and short-term investor cost bases rather than a confirmed macro reversal.