$BTC Dramatic Catalysts...
Some moments in the market don't need dramatic catalysts; they just quietly build up momentum until something gives. For Bitcoin, (CRYPTO: BTC) the stars are aligning with uncanny precision in ways that are likely to have a stunning result.
1- Surging global liquidity
When central banks turn on the liquidity tap and ensure there's more money sloshing around the financial system, that new money generally flows toward riskier assets, such as cryptocurrency, as greater liquidity emboldens investors to take riskier bets.
2- A weaker dollar
When the value of the dollar drops, investors often opt to park their capital in stronger assets that are retaining or increasing in value, like, potentially, Bitcoin.
3- Lower Treasury yields
Similar to money supply, interest rates significantly influence Bitcoin's price. As yields on government-backed debt like U.S. Treasury bills drop, and along with it, the cost of borrowing passed on to the financial system, capital needs to flow to riskier assets to secure a return.