Bitcoin (BTC) bulls may only need to wait three more weeks for the surge in global money supply to manifest in Bitcoin's price movements.
As global liquidity trends shift in favor of cryptocurrencies and risk assets, BTC is expected to "take off" within three weeks.
Andre Dragosch, the European research director at asset management firm Bitwise, predicts in his latest analysis on X that global money supply will reach an all-time high.
With the US dollar weakening to its lowest level since early November last year, a new round of bullish sentiment for BTC is brewing.
Data from Cointelegraph Markets Pro and TradingView shows that the US Dollar Index (DXY), which measures the strength of the dollar against a basket of trade partner currencies, is at risk of falling below the 104 mark.
For Dragosch, the impact is already evident.
"If this trend continues, global money supply will soon set a new all-time high," he wrote, describing the DXY as "the most bullish chart you will see today."
"You know what this means for BTC…"
US Dollar Index (DXY) 1-day chart. Source: Cointelegraph/TradingView
The dollar has yet to gain substantial benefits from the new US administration, while trade tariffs continue to pressure sentiment on risk assets.
Meanwhile, well-known analyst Colin Talks Crypto is focusing on the rebound in M2 money supply to look for clues for a new breakout in Bitcoin.
As reported by Cointelegraph, Bitcoin remains highly sensitive to global liquidity trends, closely linked to bull markets and expansion phases.
Colin Talks Crypto told his X followers this week: "The rally in stocks, Bitcoin, and cryptocurrencies will be very strong," reiterating previous predictions.
"The approximate date is March 25."
Chart of risk assets versus global M2 money supply. Source: Colin Talks Crypto/X
Probability of US Bitcoin reserves exceeds 70%
Bitcoin and altcoins may soon welcome the long-anticipated upward momentum in the market.
On March 7, US President Trump will host the first White House cryptocurrency summit, with US Secretary of Commerce Howard Lutnick stating that the event should confirm the establishment of strategic Bitcoin reserves.
Although other sources suggest that this initiative may be delayed due to a lack of congressional support, some long-term cryptocurrency market participants believe that Bitcoin reserves are imperative.
"Strategic Bitcoin reserves are coming," summarized Anthony Pompliano, founder and CEO of Professional Capital Management, on X.
"Everyone wants a digital sound currency."
In a market report on March 5, Matt Hougan, Chief Investment Officer of cryptocurrency index fund and ETF management firm Bitwise, predicted that Bitcoin reserves will proceed as planned and be "entirely" composed of BTC.
Meanwhile, the latest data from prediction service Kalshi shows that the probability of establishing Bitcoin reserves this year is 71%—the highest probability ever recorded.
Source: Kalshi
This article does not contain investment opinions or advice. Every investment and trading activity involves risk, and readers should conduct their own research before making decisions.
Related: Bitwise: Trump's cryptocurrency reserves may be primarily in Bitcoin, exceeding expectations.
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