Is Bitcoin’s Rally Sustainable? Willy Woo Highlights Risk of Profit-Taking at $110K

The post Is Bitcoin’s Rally Sustainable? Willy Woo Highlights Risk of Profit-Taking at $110K appeared first on Coinpedia Fintech News

Bitcoin’s price has been climbing steadily, touching highs above $110,000, but on-chain analyst Willy Woo is urging caution. He warns that speculation is getting out of hand, with the market showing signs of greed, a classic setup for a short-term pullback. 

I have some good news and [maybe] some bad news for you.

GOOD NEWS: Risk SIgnal is trending downwards, meaning over the broader environment buy-side liquidity is dominating. We are setting up for another solid run on the long time frame. pic.twitter.com/KUWNMc4HqB

— Willy Woo (@woonomic) May 28, 2025

Woo says that while the long-term trend still looks strong thanks to increasing buyer strength, there could be some turbulence ahead as many investors are already sitting on large profits and may soon cash out.

Cycles Are Changing—The Old Rules Don’t Apply

BTC is global macro this cycle. Which means don't necessarily bet on nicely manicured 4 year cycles. BTC is transitioning.

Internal forces, the halvening, is getting weak, global liquidity powers BTC – hence BTC is becoming the canary in the coal mine for global macro moves. https://t.co/c56yYmn0Na

— Willy Woo (@woonomic) May 28, 2025

Woo explains that Bitcoin is no longer behaving like it did in past bull runs. Earlier, its four-year halving cycle had a big influence, but now, he says, the bigger force is global liquidity. That means BTC is acting more like a traditional asset, moving with global economic trends rather than its usual crypto patterns.

Echoing Woo’s sentiment, crypto analyst Maui Jim believes it’s outdated to expect a predictable sell-off in September or a new bottom a year later. The market is maturing and becoming harder to predict. The fact that Bitcoin hit a new all-time high even before the halving was a major clue that the game has changed.

Flat Buying Pressure Raises Eyebrows

Despite the sharp price move from $75,000 to $110,000, Woo notes that capital inflows have been flat over the past few days, a surprising trend. This lack of buying pressure could spell trouble if U.S. markets don’t step in with more demand now that the long weekend is over.

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Still Room for $114K, But Warning Signs Flashing

Woo hasn’t turned bearish just yet. He believes that if enough buyers return this week, Bitcoin could shoot up to $114,000, potentially wiping out short positions. But if momentum fades, the market could cool off, forming bearish divergences and triggering another round of profit-taking.

For now, Bitcoin sits just under $110,000, holding its recent gains but walking a fine line between continued rally and short-term correction.