$BTC According to Coinmarketcap data, at 7:30 AM on June 20, 2025 (Vietnam time), the price of Bitcoin was trading at 104,654 USD, down 0.38% in the past 24 hours. The trading volume of the largest market capitalization cryptocurrency was at 37.2 billion USD, and two economic indicators that previously predicted Bitcoin's price increases are now signaling positively.

These are the copper/gold ratio and the annual growth rate of the global M2 money supply. History shows that whenever these two indicators turn positive, Bitcoin usually begins a strong rally within 6-10 months afterward.

The copper-to-gold price ratio is often seen as a measure of market risk appetite. Since mid-2025, this index has stopped declining and started to stabilize, even showing a tendency to rise, indicating that investors are expecting the economy to soon recover.

TechDev believes that if copper continues to outperform gold in the near future, it will mark the bottom of the economic cycle – a familiar precursor to Bitcoin's price rallies.

The second factor is the return of liquidity, the catalyst for Bitcoin’s price increase. The global M2 money supply index has also turned to positive growth after a long period of contraction due to the tightening policies of central banks.

TechDev emphasizes: When global liquidity increases, Bitcoin usually rises as well. He cited the period after the COVID-19 crisis, when the global M2 increased sharply and Bitcoin soared from below 10,000 USD to over 60,000 USD in just one year. Conversely, when liquidity dries up as seen in 2022-2023, Bitcoin also weakens rapidly.

Current data suggests that Bitcoin may soon enter a new growth cycle.