Global Macro Investor founder and CEO recently stated on X that Bitcoin has entered the current market cycle's 'parabolic phase'.
Based on the correlation between Bitcoin and the global macro investor total liquidity index, Bitcoin's price could rise to a local peak of over $110,000 by the end of January 2025, before dropping 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 calls a 'temporary peak in liquidity', the potential correction below $70,000 is only temporary, and he expects liquidity to continue rising until the third quarter of 2025.
Bitget Wallet COO Alvin Kan stated that the growing money supply is a historical catalyst for Bitcoin's price. He said, 'The Federal Reserve's increase in liquidity typically improves the market conditions for risk assets like Bitcoin. Historically, this liquidity injection has led to increased investor interest and resulted in capital inflow 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 newly printed money supply. With an anticipated liquidity growth of $20 trillion, this could attract $2 trillion in new investment into Bitcoin by 2025. (Cointelegraph)

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