律动BlockBeats|Sep 18, 2026 06:47
[Willy Woo: Bitcoin Fisher Transform Golden Cross Indicates a Bottom, Marking the 4th Historical Bottom Signal]
BlockBeats News, September 18 – Renowned analyst Willy Woo used the Fisher Transform indicator to analyze BTC's monthly chart and pointed out that the current golden cross on this indicator marks the 4th historical bottom signal. The previous three instances did not result in false breakouts. However, Willy Woo emphasized that this is not an immediate buy signal for a reversal. Prices may consolidate sideways before continuing in the original direction. He also noted that during bull markets, the Fisher indicator has previously shown a bearish death cross followed by a bullish golden cross without the trend ending.
Willy Woo views tops and bottoms differently: At market tops, long-term investors' buying activity recedes, while speculative trading continues to push prices higher. The momentum-driven rally lacks solid long-term support, leading to frequent false turning points. As a result, his approach is to reduce positions in batches rather than attempting to predict the exact peak. At market bottoms, the decline creates a vacuum in buying activity as speculative traders exit. When prices drop to levels perceived as valuable by investors, buying activity resumes. At this point, speculative trading is minimal, making reversals cleaner. Therefore, many indicators tend to be clearer at bottoms than at tops. [Original Link]
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