Bitcoin: Will it catch up with the rise of global liquidity again?

Bitcoin (BTCUSD) is trying to achieve another short-term rise in the bullish phase witnessed during the recovery from the trade tariff war, but the long-term picture is more interesting.

This is a simple yet powerful and clear chart, showing that every time global liquidity led the blue trend line (the bullish trend) and started to rise before Bitcoin in this bullish cycle since the bottom of 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 only started to rise on April 7. Even if global liquidity stops at this point, Bitcoin still has the potential to continue rising regardless.