Bitcoin as a Liquidity Gauge: Insights from Willy Woo

Cryptocurrency analyst Willy Woo challenges traditional market analysis by suggesting that cryptocurrency’s performance doesn’t directly correlate to global monetary expansion. Instead, he points out that asset prices, like the S&P 500 and Bitcoin, tend to anticipate liquidity before it’s realized. Woo presents Bitcoin as a barometer for sensing shifts in market liquidity. This view is supported by his critique of M2 money supply metrics, which fail to accurately reflect the actual money circulating in an economy due to its reliance on U.S.-dollar denominated assets and the large proportion of foreign currency holdings within it.