Bitcoin will continue to consolidate in the range of $80,000–90,000.

By the end of April, the U.S. Treasury will add another $100 billion to the financial system.

The correlation between the crisis rate and global liquidity change is 83%.

In options trades expiring by June, puts dominate — market participants are hedging, fearing that the U.S.-China trade war will bring new ‘surprises’. This is stated in the QCP Capital report.

Markets are going all-in — even though trade tensions between the U.S. and China have reached a peak. After the U.S. imposed a staggering 145% tariff on Chinese imports, and China responded with 125%, risk assets surprisingly stabilized. At these levels, tariffs have become…

– QCP (@QCPgroup) April 14, 2025.

Over a longer distance, the perception of gold levels is becoming more constructive, leading experts believe.

In their opinion, in the near term, the prices of the leading cryptocurrencies will continue to consolidate in the range of $80,000-90,000.

Who will blink first: the U.S. or China?

‘Washington seeks leverage, while Beijing seeks a breather. However, neither can afford to show weakness. Meanwhile, the U.S. provides the international market not only with China but also with bond markets and itself,’ the review states.

Analyst and founder of MN Trading, Michael van de Poppe, noted the increase in M2 mass.

Great chart showing that M2 supply is growing again.

If the correlation holds, I expect we will see a Bitcoin rally to ATH this quarter.

‘If the ratio holds, then achievement will rise to a new record this quarter. This will also contribute to the rise of CNH/USD, a drop in [U.S. government bond] yields, cheaper gold, […] and an increase in altcoins,’ the expert predicted.

The role of the U.S. Treasury.

Macro analyst under the nickname TomasOnMarkets noted the use since February 12 by the U.S. Treasury of part of the accounts at the Fed in the calculation of $500 billion.

📈 Fed liquidity is increasing.

Net liquidity of the Federal Reserve has increased by about $500 billion since February.

This has no positive effect on the prices of risk assets, considering everything else.

But it is happening.

Here’s what is happening and what to expect next.

As a result, liquidity in the financial system surged to $6.3 trillion, which, in his opinion, creates a favorable backdrop for the price growth of leading cryptocurrencies.

According to experts' calculations, by the end of April, the figure will reach $600 billion. If the international debt ceiling standoff lasts until August, liquidity could rise to a multi-year maximum of $6.6 trillion. This challenge of ‘tailwind’ for gold countries was added by TomasOnMarkets.

According to a study by financial analyst Lina Alden, the historical forecast has moved in line with global liquidity in 83% of cases.