Are global liquidity and bitcoin’s cost basis pointing to a “supercycle”?
Willy Woo sees unusual signs in liquidity and bitcoin’s cost basis that could indicate the bull cycle hasn’t ended yet.
Willy Woo, a financial markets analyst, argues that bitcoin may be entering a different phase than in its previous cycles. His case rests on two specific signals: a less severe drop in liquidity and a cost basis that did not repeat the pattern seen in the major lows of 2012, 2015, 2019, and 2022. This opens the door to the possibility of a “supercycle,” although the data still isn’t enough to confirm it.
Woo first raised this possibility on September 8, saying he was seeing structural data consistent with the development of that scenario, as reported by CriptoNoticias.
A “supercycle,” explained simply, would mean that bitcoin maintains an uptrend for much longer than usual, with intermediate pullbacks but without returning to bear markets as deeply as those that followed the 2013, 2017, and 2021 highs.
Willy Woo’s hypothesis is intriguing because some data breaks the previous pattern. However, when other liquidity metrics are added, the interpretation becomes less conclusive.
$BTC #newscrypto
Willy Woo sees unusual signs in liquidity and bitcoin’s cost basis that could indicate the bull cycle hasn’t ended yet.
Willy Woo, a financial markets analyst, argues that bitcoin may be entering a different phase than in its previous cycles. His case rests on two specific signals: a less severe drop in liquidity and a cost basis that did not repeat the pattern seen in the major lows of 2012, 2015, 2019, and 2022. This opens the door to the possibility of a “supercycle,” although the data still isn’t enough to confirm it.
Woo first raised this possibility on September 8, saying he was seeing structural data consistent with the development of that scenario, as reported by CriptoNoticias.
A “supercycle,” explained simply, would mean that bitcoin maintains an uptrend for much longer than usual, with intermediate pullbacks but without returning to bear markets as deeply as those that followed the 2013, 2017, and 2021 highs.
Willy Woo’s hypothesis is intriguing because some data breaks the previous pattern. However, when other liquidity metrics are added, the interpretation becomes less conclusive.
$BTC #newscrypto
