Crypto’s next bear market will have a brand-new trigger: Willy Woo

Analyst Willy Woo has warned that the upcoming crypto bear market may be driven by a business cycle downturn, a factor not previously seen in crypto markets, which were historically superimposed on four-year cycles based on Bitcoin halving events and M2 global money supply.

Woo noted that past severe business cycle downturns, such as those in 2001 (the dot-com bubble) and 2008 (the financial crisis), occurred before crypto existed. He questions whether Bitcoin will behave more like tech stocks or gold during such an economic contraction, emphasizing that crypto markets are affected by broader economic liquidity.

While the National Bureau of Economic Research (NBER) indicators do not currently signal an imminent recession, Woo's analysis points toward a new, potentially brutal trigger for the next major crypto downturn.

(Source：Cointelegraph)