BREAKING
110d 12h ago

Bitcoin May Have Already Peaked, Willy Woo Warns as M2 Growth Fails to Fuel Rally

BTC

BTC/USDT

$68,506.17
-2.79%
24h Volume

$13,784,700,649.61

24h H/L

$70,516.82 / $68,110.55

Change: $2,406.27 (3.53%)

Long/Short
63.9%
Long: 63.9%Short: 36.1%
Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$68,506.17

-0.60%

Volume (24h): -

Resistance Levels
Resistance 3$72,364.25
Resistance 2$70,811.58
Resistance 1$68,867.82
Price$68,506.17
Support 1$68,115.84
Support 2$65,637.54
Support 3$62,909.86
Pivot (PP):$68,735.17
Trend:Downtrend
RSI (14):44.9

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.

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