**Bitcoin's Future Brightens Amid Shifting Global Liquidity**

Analysts predict Bitcoin may approach its all-time high following the U.S. election and a shift to a "pro-liquidity environment." Matthew Sigel from VanEck notes Bitcoin's typical struggle post-halving, but sees potential recovery ahead.

In July, Germany sold 49,858 BTC for $2.6 billion, and 70% of Mt. Gox creditors have been repaid, many retaining their Bitcoin.

Global liquidity is on the rise, with BitVaulty CEO Francesco Madonna and crypto trader Kook forecasting a potential bull run by 2025. Bitcoin currently trades at $60,431.

Investment strategist Lyn Alden isn't surprised by Bitcoin's current stagnation, attributing it to flat global liquidity. She anticipates a significant price surge in a more favorable liquidity environment by 2025.

Sigel emphasizes the upcoming U.S. presidential election as a key moment for Bitcoin, expecting continued macroeconomic conditions regardless of the outcome. He believes Bitcoin will thrive, stating, "we're buyers here, we really think it can recover."