Analysis: Bitcoin Liquidity Indicator Suggests Local High of $110,000 by January 2025

Odaily Planet Daily Report: The founder and CEO of Global Macro Investor recently posted on X stating that has entered the "parabolic phase" of the current market cycle. According to the correlation between and the global macro investor total liquidity index, the price may reach a local high of over $110,000 by the end of January 2025, and then fall below $70,000 in February 2025. Note: This index provides an overall view of the balance sheets of all major central banks. However, due to the "temporary liquidity peak" mentioned by Pal, the potential correction below $70,000 is only temporary, and he expects liquidity to continue to rise until the third quarter of 2025. Bitget Wallet's Chief Operating Officer Alvin Kan said that the growing money supply is a historic catalyst for prices. He said: "The Federal Reserve's increase in liquidity usually improves the market conditions of risk assets like . Historically, this liquidity injection has increased investor interest and led to capital inflows into the cryptocurrency market." Other analysts expect global liquidity to peak at the end of January 2026. Based on historical data, may absorb up to 10% of the new money supply. Based on the expected $20 trillion liquidity growth, this could attract $2 trillion in new investment into in 2025. (Cointelegraph)