Bitcoin Analyst Signals High Liquidity Could Drive Prices Higher

Global liquidity levels have reached an all-time high, according to Bitcoin analyst Root, and this trend is closely tied to the price of Bitcoin. Root shared a chart showing a significant correlation between global liquidity from central banks and Bitcoin prices over several market cycles. Notably, the chart demonstrates a steep upward trajectory in global liquidity alongside Bitcoin’s record highs. The analysis suggests that increased liquidity could be a driving force behind potential future price increases for Bitcoin.