"Buy the dip!" Analyst Willy Woo suggests the current sell-off in Bitcoin may have peaked, according to cumulative volume delta (CVD), signaling an impending recovery phase. However, he cautions that it might take weeks before bullish conditions materialize. Factors such as the upcoming Bitcoin halving and its prolonged consolidation near historical highs are crucial. During consolidation, increased coin exchanges among investors could establish long-term support levels. Yet, breaching the $59k support might trigger a bear market if significant liquidation occurs. Technically, for Bitcoin to turn bullish, it must surpass the recent resistance at $68,000, confirming a safe upward trajectory; otherwise, the price may continue its descent.#etf #BinanceLaunchpool #bitcoinhalving #FET #Memecoins