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“Once You See This, the Game Becomes Easier”: Analyst on Bitcoin Bull Run


“Once You See This, the Game Becomes Easier”: Analyst on Bitcoin Bull Run

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  • Experts anticipate a crypto market turn driven by rising global liquidity.
  • Bitcoin & Gold Link: Strong historical correlation between Bitcoin and Gold supports bullish outlook.
  • End of Federal Reserve tightening is expected to boost crypto assets.

The cryptocurrency market is showing signs of an upward shift, by the aligning liquidity trends and the broader economic cycle. 

With liquidity recently testing its breakout levels and set to rise further, experts are expecting a market turn. One expert said that the market is in a macro bull market across all asset classes, driven by global liquidity. As liquidity trends continue to rise, it becomes clear that all assets, including cryptocurrencies, will follow the flow of global money.

Experts Point to the Bitcoin–Gold Correlation

However, experts are predicting a macro bull run, partly due to the strong correlation between Bitcoin and gold over the years. Analyst Daink shared a chart showing how Bitcoin has been tracking gold’s rising prices. 

Source: Daink/X

The chart shows two instances where Bitcoin mirrored this gold correlation. The analyst said that whenever gold experiences a surge that pushe…

The post “Once You See This, the Game Becomes Easier”: Analyst on Bitcoin Bull Run appeared first on Coin Edition.

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$ 64.32K

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