Key Points:
Analyst Willy Woo says Bitcoin is in the late stage of its macro cycle.
A decline in risk indicators suggests rising market liquidity.
Increased liquidity often precedes new price highs.
Cryptocurrency analyst Willy Woo believes Bitcoin (BTC) could be on the verge of setting new all-time highs as liquidity in the market increases.
According to a report titled "Macro Cycle Risk" shared by Woo on July 9, his latest liquidity model analysis shows Bitcoin entering the late stage of its macro cycle. He highlights a decline in risk indicators, which typically reflects the return of fresh liquidity into the market — a trend that historically precedes major price breakouts.
Woo suggests that this pattern aligns with previous bull market phases, where inflows of capital reduce systemic risk and set the stage for upside momentum.
While Bitcoin is currently trading near $109,000 — just below its all-time high of $112,000 — rising liquidity could serve as the next major catalyst for price discovery, especially amid growing institutional demand and ETF inflows.
