BlockBeats news, on December 1, the founder and CEO of Global Macro Investor recently stated that Bitcoin has entered the 'parabolic phase' of the current market cycle. Based on the correlation between Bitcoin and the global macro investors' total liquidity index, Bitcoin's price 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 referred to as a 'temporary liquidity peak', a potential pullback below $70,000 is only temporary, and he expects liquidity to continue rising until the third quarter of 2025.
Other analysts expect global liquidity to peak at the end of January 2026. According to historical data, Bitcoin could absorb up to 10% of the new money supply. Based on the projected $20 trillion liquidity growth, this could attract $2 trillion in new investment into Bitcoin by 2025.
