Analyst Willy Woo warned the next crypto bear market could be driven by a business cycle downturn, last seen in 2008, before Bitcoin was invented.
The next crypto bear market could be particularly brutal and driven by a business cycle downturn that has never been seen in crypto before, according to analyst Willy Woo.
The next bear market “will be defined by another cycle people forget about,” said Woo on Monday.
He said that we’ve previously had two cycles superimposed based upon the Bitcoin halving events every four years and the M2 global money supply.
