Analyst Says Perfect Conditions Are Ready for Bitcoin: Foam Cleared, Time to Rise!

Real Vision analyst Jamie Coutts stated that Bitcoin (BTC) is on the verge of a new rally due to a factor that has historically led to major rallies.

Jamie Coutts emphasized in a recent statement from his X account that the increase in global liquidity is accelerating and that this presents a perfect bullish environment for Bitcoin.

Coutts stated that this situation coincides with the exit of the Bitcoin market from the foam formed after the launches of spot exchange-traded funds (ETFs) and excessive leverage.

Over the past decade, Bitcoin has tended to hit the bottom a few months before the bottom in global M2. Then it breaks, far ahead of the movement in liquidity and experiences a mid-cycle correction.

Now, as the momentum in global liquidity begins to accelerate even more, all the foam from ETF launches and excessive leverage has left the Bitcoin market. A perfect environment.

According to Coutts, the increase in the global money supply is inevitable. He emphasized that in a debt-based fractional reserve financial system, the money supply must constantly expand to support the existing debt, otherwise everything will collapse.

The state of the dollar is the determining factor on the Bitcoin price

Coutts said that Bitcoin experiences its fastest upward movements during periods when the dollar weakens, and that this usually occurs with the injection of global liquidity into the market under the coordination of the US Federal Reserve (Fed).

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