Bitcoin (BTC) is poised for a significant price surge in the coming months, according to industry analysts, fueled by a combination of increasing global liquidity and the upcoming US presidential election.
The world’s largest cryptocurrency has been trading sideways since its halving in April, a pattern typical for the asset, according to VanEck head of digital assets research Matthew Sigel. However, with forced selling pressures from the German government and Mt. Gox creditors largely behind us, the stage is set for a potential rally.
A key factor contributing to the bullish outlook is the recent uptick in global liquidity. Crypto experts like BitVaulty CEO Francesco Madonna and pseudonymous trader Kook have highlighted this trend, suggesting it could be a precursor to a historic bull run in 2025.
Investment strategist Lyn Alden echoes this sentiment, noting that Bitcoin’s lackluster performance in the past two years is directly linked to stagnant global liquidity. She predicts a shift to a “pro-liquidity environment” in 2025, which could propel Bitcoin beyond its previous all-time high.
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While the exact timing of the rally remains uncertain, the upcoming US presidential election is expected to be a catalyst. Regardless of the outcome, VanEck’s Sigel anticipates continued reckless fiscal policy, a condition historically favorable for Bitcoin. He believes the cryptocurrency will thrive in such an environment and is optimistic about its price recovery.
As the market eagerly awaits a potential Bitcoin bull run, investors are closely monitoring global liquidity trends and political developments. The coming months could prove to be a pivotal period for the cryptocurrency, with the potential for substantial gains on the horizon.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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