Willy Woo: Bitcoin has turned into a global macro indicator in this cycle
PANews reported on May 29 that crypto analyst Willy Woo pointed out in an article on the X platform that Bitcoin is transitioning from the traditional 4-year cycle model to a global macroeconomy-driven, and the endogenous impact of the halving of mining rewards is weakening. Bitcoin is currently driven by changes in global liquidity and has become the "canary in the coal mine" of global macro trends, reflecting changes in market expectations and capital trends.
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