💣 May 19, 2024: Daily Hodl > Bitcoin Industrial Complex! The on-chain analyst also shares a chart suggesting that capital inflows into BTC are starting to pick up.

Henry Kanapi
May 19, 2024
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Looking at the bigger picture, Woo believes that Bitcoin is gearing up to ignite the next leg of its bull market.

“Here’s the bigger picture of where Bitcoin is in its liquidity cycle… it’s still doing warm-up exercises.

It’s consolidating under all-time highs, during this time, long time frame risk signal is quite low. Risk only starts climbing after the floodgates open.”

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