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Willy Woo: This cycle, Bitcoin has become a global macro indicator.
PANews May 29 news, crypto analyst Willy Woo posted on X platform that Bitcoin is transitioning from the traditional 4-year cycle model to being driven by global macroeconomic factors, with the intrinsic influence of Mining rewards Halving weakening. Currently, Bitcoin is more driven by changes in global Liquidity, becoming the "canary in the coal mine" for global macro trends, reflecting changes in market expectations and capital flows.