Global Perspectives

Due to liquidity issues, the Federal Reserve is expected to increase the global money supply to $127 trillion by 2025. This is an 18% increase from the current figure of $107 trillion. Against this backdrop, Bitcoin could surpass the $132,000 mark.

"This is my long-term estimate for the current cycle — a 12-month forecast based on a linear dependence on liquidity. But Bitcoin cycles are not linear. I think we will see much higher levels," notes Coutts.