Bitcoin Price: Global Liquidity Poised to Ignite Next Massive Move

Key Points

1. Bitcoin price is currently in a holding pattern due to balanced supply and demand, lacking new capital inflows or outflows.

2. Global liquidity, especially changes in M2 money supply, historically influences Bitcoin price movements with a lag, often leading to increased investment in riskier assets like Bitcoin.

3. Negentropic forecasts that M2 liquidity is expected to rise soon, which could trigger the next significant upward movement in Bitcoin price.

4. Recent data from the Federal Reserve Bank shows a slight dip in M2 supply, but an impending rise is anticipated, which could impact Bitcoin's price trajectory.

5. M2 money supply includes broad measures of money circulating in an economy, such as savings deposits and money market mutual funds, and its expansion tends to drive up Bitcoin prices.