Bitcoin May Have Already Peaked, Willy Woo Warns as M2 Growth Fails to Fuel Rally
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COINOTAG News, December 2, reports on Willy Woo’s assessment of the relationship between M2 growth and Bitcoin. He argues that broader money growth does not guarantee a Bitcoin rally, noting that Bitcoin often leads the M2 cycle toward its late-stage peak.
He cites a funds-flow model for Bitcoin and the crypto sector, suggesting that demand may have already peaked as capital shifts elsewhere. The takeaway for traders is to monitor on-chain metrics and cross-asset liquidity signals to gauge the risk-reward in BTC exposure.
Regarding policy risk, Woo acknowledges that a dovish Federal Reserve could lift the money supply, but warns that a stronger dollar—driven by global investor preference for cash—could dampen global M2 growth and cap crypto upside.
