Matrixport: target for BTC 140 000$ in the game, but there is a nuance regarding global liquidity.
A fresh report from #Matrixport once again reminds us: over the past 18 months, the global liquidity curve (money supply) has consistently indicated the direction for #BTC - with a lag of about 13 weeks. Currently, the model gives, according to their calculations, a projection for growth to around 140 000$ already by the end of summer. It should be noted that other analysts, analyzing global liquidity, mention even bolder targets.
But there are several "ifs":
- #BTC must stay above 105 000-110 000$,
- the model will remain valid only until fundamental factors break it.
The key value for liquidity is 104.9 trillion $ (as of April). Currently - higher. If this correlation is not disrupted, the market could indeed go higher.
It is important to remember that this model is a guideline, not a guarantee. The more traders see it - the higher the risk that it will stop working.