Willy Woo: Bitcoin cycle may shift from 4 years to 6 to 8 years
On-chain analyst Willy Woo stated that Bitcoin has long been influenced by the halving mechanism, forming an approximately four-year supply shock cycle. However, as Bitcoin's annual new supply rate declines to around 0.8% and will further drop to 0.4%, the internal impact of the halving is gradually weakening. Meanwhile, traditional financial markets typically follow a six-to-eight-year short-term debt cycle. Woo believes that Bitcoin may currently be in a transition stage from the four-year cycle to a six-to-eight-year cycle.