Bitcoin Approaches Late Bull Market Stage with Potential for Price Increase

According to BlockBeats, cryptocurrency analyst Willy Woo recently shared insights on Bitcoin's market status. Woo's risk model, which assesses the decline in Bitcoin liquidity, indicates that Bitcoin is in the late stages of a bull market. Despite this, there is still room for price growth. Woo anticipates that Bitcoin may enter a bear market once global macroeconomic conditions shift.