Bitcoin: Will it catch up with the rise in global liquidity again?
Bitcoin (BTCUSD) is trying to achieve another short-term rise in the bullish phase witnessed during the recovery from the tariff war, but the long-term picture is more interesting.
This is a simple yet powerful and clear chart that shows that every time global liquidity (the blue trend line) led the bullish trend and started to rise before Bitcoin in this bullish cycle (since the bottom in November 2022), Bitcoin eventually caught up with the trend and closed the gap.
This time, global liquidity has risen since the beginning of the year (early January), while Bitcoin did not start to rise until April 7. Even if global liquidity stops here, Bitcoin still has the potential to continue rising regardless.
