Odaily Planet Daily reported that the founder and CEO of Global Macro Investor recently stated on X that Bitcoin has entered the current market cycle's 'parabolic phase'. According to the correlation between Bitcoin and the global macro investors' total liquidity index, the price of Bitcoin could rise to a local high of over $110,000 before the end of January 2025, and then drop below $70,000 in February 2025. Note: This index provides an overall view of the balance sheets of all major central banks. However, due to what Pal called a 'temporary peak in liquidity', the potential pullback below $70,000 is only temporary, and he expects liquidity to continue to rise until the third quarter of 2025. Bitget Wallet's Chief Operating Officer Alvin Kan stated that the increasing money supply is a historical catalyst for Bitcoin's price. He said, 'The Federal Reserve's increase in liquidity usually improves market conditions for risk assets like Bitcoin. Historically, this liquidity injection has led to increased investor interest and capital inflows into the cryptocurrency market.' Other analysts expect global liquidity to peak at the end of January 2026. Based on historical data, Bitcoin could absorb up to 10% of the new money supply. Based on the anticipated $20 trillion liquidity growth, this could attract $2 trillion in new investment into Bitcoin by 2025. (Cointelegraph)

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