Analysts believe that after the elections in the US this year, a more “liquidity-friendly environment” will be introduced and Bitcoin will break records.
“Behind these forced sales, there is a typical period when Bitcoin usually struggles, which occurs one to three months after the halving, which happened in April,” said Matthew Sigel, head of digital asset research at VanEck, in an interview with CNBC.
In July, the German government sold 49,858 Bitcoins for $2.6 billion. Meanwhile, about 70 percent of the creditors of the bankrupt crypto exchange Mt. Gox have been repaid, and data shows that most of them are holding on to their Bitcoins.
Recently, there has been an increase in global liquidity. “Global liquidity is starting to increase, a pattern is forming,” BitVaulty CEO Francesco Madonna said in a post on the X platform on August 17. Anonymous crypto trader Kook commented, “Global liquidity is finally increasing, will we see the biggest bull run in 2025?”
These policies can continue for another four years
Investment strategist Lyn Alden stated that she was “not surprised” by Bitcoin’s lack of price action, stating that “global liquidity has been stable for two years” on Natalie Brunell’s Coin Stories podcast on August 19. “Bitcoin’s volatile movement makes sense,” Alden said.
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