Willy Woo: Fisher indicator sends out cycle bottom signal for the fourth time

Bitcoin analyst Willy Woo stated that the Fisher Transform indicator has captured the bottom in three Bitcoin cycles since 2002, and the chart is currently showing its fourth signal. Willy Woo explained that the turning point given by the Fisher indicator does not necessarily mean a trend reversal, and prices may continue in their original direction after consolidation. Willy Woo pointed out that the top of the Bitcoin cycle is dominated by speculative funds, and the bottom of the cycle is formed when speculators exit and long-term investors enter. The bottom structure is relatively clear and easy to identify through various signals.