BREAKING
68d 23h ago

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

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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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