Willy Woo: Bitcoin has become a global macro indicator in this cycle

Crypto analyst Willy Woo pointed out in an article on X platform that Bitcoin is transitioning from a traditional 4-year cycle model to a global macroeconomic driven model, and the endogenous factor of halving mining rewards is weakening. Bitcoin is currently more driven by global liquidity fluctuations, becoming the "canary in the coal mine" of global macro trends, reflecting changes in market expectations and fund movements.