BITPRISMIA
Based on its correlation with the liquidity index, Bitcoin may reach a local peak of above $110,000 by January.
Bitcoin could rise to the $110,000 mark if it manages to breach $98,000, resulting in more buyer demand for the world’s first cryptocurrency.
If the correlation holds up, Bitcoin price could trail the liquidity index to above $110,000 by January 2025, with a potential correction below $70,000 next.