Renowned Analyst Predicts Prolonged Bitcoin Bull Run
In an analysis shared via X, crypto analyst Ted (@tedtalksmacro) presents compelling evidence that the current Bitcoin bull run is far from over. Based on four key indicators from traditional finance and crypto liquidity, Ted’s insights suggest sustained growth in the near future. Here’s a breakdown of his analysis:
#1 65-Month Liquidity Cycle
Ted highlights the 65-month liquidity cycle, a historical pattern indicating liquidity fluctuations in financial markets. According to his analysis, the cycle hit a low point in October 2023, signifying the start of a new growth phase.
- Ted predicts that the expansion phase will peak in 2026.
- Historically, increased liquidity has preceded bull markets across various asset classes.
#2 M2 Money Supply
The M2 money supply, encompassing cash, checking deposits, and near money, is a critical global liquidity indicator. Ted notes that M2 growth is currently at its slowest since the 1990s.
- Sluggish M2 expansion suggests room for easing liquidity conditions.
- Central bank policy easing could drive capital towards risk assets like Bitcoin.
#3 Crypto Liquidity
Liquidities have returned to crypto markets, especially with spot Bitcoin ETF introductions. Ted observes that inflow velocity has not reached peak levels seen during cycle tops.
- Lack of manic inflow phase indicates a steady, stable market growth period.
- Measured inflow may provide a foundation for sustained price hikes.
#4 Spot Bitcoin ETF Flows
US spot Bitcoin ETFs have experienced substantial inflows, with a notable $950 million influx recorded last week. Ted anticipates further inflows as Bitcoin’s value rises and traditional finance investors show renewed interest.
- Rising price and institutional investor confidence through ETFs are bullish signs for Bitcoin.
- Continued ETF investments indicate a positive trend for Bitcoin’s future growth.
Ted’s analysis, incorporating traditional financial pointers and crypto-specific data, paints a positive outlook for the Bitcoin market. With potential monetary policy easing and increasing institutional involvement, conditions seem favorable for Bitcoin’s bull run to extend over the upcoming years.
Current BTC price stands at $66,602.
Hot Take: Bitcoin’s Bull Run Set To Continue
Despite previous fluctuations, the analysis suggests a prolonged bullish trend for Bitcoin, fueled by liquidity cycles and increasing institutional interest. As conditions evolve and Bitcoin gains further acceptance, the stage is set for an extended period of growth and stability in the crypto market.
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