📈【Global liquidity surges, is a Bitcoin bull market in sight? 】📈

Recently, Michael van de Poppe, founder of MN Trading, and Raoul Pal, founder of Global Macro Investor, respectively expressed their views on the global economy and crypto markets. The two experts agreed that global debt refinancing will lead to a surge in liquidity, which may trigger the next Bitcoin bull market.

💡 Michael van de Poppe pointed out that crypto assets and commodities are currently extremely undervalued, and a similar situation last occurred in 2000 and 1971. He expects these two asset classes to usher in a 10-year bull market.

🌍 Raoul Pal further stated that debt refinancing in major economies will drive a breakthrough in global liquidity, driving up markets such as cryptocurrencies and Nasdaq. He specifically mentioned that Bitcoin prices are highly correlated with M2 money supply, and Bitcoin is expected to usher in a new round of increases in 2024.

🔍 In general, despite the complex market outlook, Bitcoin's future is still promising!