Analyst and trader Willy Wu pointed out that the price of Bitcoin (BTC) could reach $80,000 on April 13, 2026. The forecast marks a reversal from the bearish stance the expert had maintained in late March and earlier in April.
“Capital inflows into BTC turned positive for the first time since January,” Wu said. This trend was evident as investment funds based on BTC and cryptocurrencies recorded capital inflows reaching $1.1 billion from April 6 to 10, 2026.
Mr. Wu explained that market conditions are improving, noting that the availability of trading funds has recovered and the direct purchase sector continues to perform well. In contrast, the derivatives market, which collapsed on October 10 when $19 billion worth of positions were unwound, is now trying to recover for a second time, he said.
“$80,000 remains a key test level,” the trader stressed in his analysis. This optimism stands in contrast to the bearish view expressed by Wu on March 30, when he predicted a decline into the $46,000 to $54,000 area. As CriptoNoticias reported at the time, analysts were predicting a global macroeconomic downturn and a possible collapse of traditional stock markets.
Despite Wu’s optimism, his stance faced immediate criticism. Financial analyst identified as ‘dark host’ He questioned the recovery theory based on his actions. derivatives market.
Dirkforst pointed out that BTC’s open interest (the total number of derivatives contracts that remain active) shows that confidence has not yet returned. “Looking at open interest, it has struggled to recover. “It has only recovered about 20% of the decline caused by October 10,” the analyst said.
Open interest is 334,500. This figure is still significantly below the 385,000 contracts registered in October.As seen in the graph.
While Wu expects Bitcoin to rise, Dirkforst believes the technical recovery is still fragile. The vigilance of speculative capital suggests the market is still processing the scars of past sell-offs.
(Tag Translation) Analysis and Research
