Bitcoin (BTC) is looking at a potential rally as the US National Financial Conditions Index (NFCI) suggests looser monetary policy. According to CoinDesk, the NFCI recently hit its lowest level since November 2021, coinciding with Bitcoin's previous all-time highs. Crypto enthusiasts believe that easier monetary policy tends to be favorable for risk assets, including Bitcoin. However, it's important to note that the relationship between the NFCI and BTC's price is not absolute, and other factors like the US dollar index (DXY) also play a role.