Willy Woo Warns of New Type of Crypto Bear Market
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Analyst Willy Woo warns the next crypto bear market could be “particularly brutal,” driven by a business cycle downturn — a macro event crypto has never experienced before.“If we get a downturn like 2001 or 2008, it’ll test whether BTC trades like tech stocks or gold,” said Woo.
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Investor reaction suggests renewed optimism in crypto-linked equities.