🚀🚀Follow This to Predict Bitcoin Price: Linked to Liquidity! 🚀🚀

According to analysis by investment firm Two Prime, Bitcoin and Ethereum prices may be positively affected by the increased money supply.

According to Two Prime's research, there is a significant correlation between Bitcoin prices and global M2 liquidity. Bitcoin prices rise in periods when the M2 money supply expands and decrease in periods when it contracts.

"The Pearson correlation coefficient between these two data sets was calculated as 0.854," the researchers said. M2 liquidity in the USA decreased from 21 trillion dollars to 20.8 trillion dollars in the second quarter of the year within the framework of the Fed's policies. Two Prime analysts expect this liquidity to increase in the second half of the year. It was stated that the liquidity increase in China was slower than expected.

"We expect liquidity to increase more slowly than expected in the second half of the year. Central banks' liquidity will increase following tight conditions in 2022 and 2023," researchers said. However, there are still uncertainties such as the policy decisions of central banks, unexpected credit events and the presidential elections in the USA.

The report stated, "While stocks are breaking records and inflation is easing, the correction in the second quarter is not a strong trend. This could present a strong buying opportunity for those looking to buy more Bitcoin. With Bitcoin ETFs being established and Ethereum ETFs approaching, this "Assets can benefit from increased liquidity."

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