#BTCPrediction
🧸 Matrixport: The start of the alt season seems unlikely in the near future without a significant surge in liquidity.
«Altcoins Come and Go - Only Bitcoin Remains».
◽️Hype against the background of the launch of Ethereum ETF is over, the dominance of #ETH has decreased by almost 50% since July 2024.
◽️Fleeting trends like memcoins #WIF or #TRUMP - all according to the same scenario: native → sharp decline → oblivion.
◽️Bitcoin growth drivers: Fed rate reduction, increase in stablecoin issuance, micro-incentives from the government and demand for Bitcoin ETF (so far none of these factors is in the game, the market lacks liquidity).
◽️Bitcoin will probably stay in the range of $80,000-90,000 in the near future.
◽️However, the weakening of the dollar = an increase in the global money supply (#M2). Historically, this is a catalyst for BTC growth. Let’s add to this the absence of the risk of strict regulation - and we get the reason why Bitcoin stays afloat at the current market.
◽️The Altseason will not start without an inflow of liquidity. Bitcoin is out of competition.
