Analyst Willy Woo warns that Bitcoin’s momentum is in a “mid-cycle slowdown,” evidenced by a weakening MACD. He argues the rising U.S. Dollar Index (DXY) is the true gauge of liquidity, signaling a global “shift to safety” that is pressuring risk assets. Woo dismisses Global M2 as a “flawed” metric, as it’s distorted by foreign currencies (83%) and housing credit (30-50%). Bitcoin’s long-term momentum is showing signs of a mid-cycle slowdown. This, according to analyst Willy Woo, is a direct reflection of a strengthening U.S. Dollar Index (DXY). Woo argues that as the DXY rises, it signals a global “shift to safety” that is now pressuring risk assets. Woo: DXY, Not M2, Is the True Liquidity Gauge Willy Woo described the DXY as a more practical gauge for investor sentiment than Global M2. He noted that a stronger U.S. dollar, while declining in long-term purcha… Read The Full Article Bitcoin ‘Mid-Cycle Slowdown’ Looms as Analyst Willy Woo Cites Rising DXY, Flawed M2 Data On Coin Edition .
XRP in the Red on All Timeframes
