The post Bitcoin Enters Parabolic Phase: Predicted Price Surge Above $110,000 by January 2025 appeared on BitcoinEthereumNews.com.

The cryptocurrency market is witnessing pivotal shifts, as highlighted by recent insights from the Founder and CEO of Global Macro Investor. According to market analysis, Bitcoin is currently in its parabolic phase, a critical segment of its market cycle. The relationship between Bitcoin’s price movements and the Global Macro Investor Total Liquidity Index suggests a possible surge, projecting Bitcoin could surpass $110,000 by January 2025, followed by a correction that may temporarily drop its value below $70,000 in February 2025. This Total Liquidity Index synthesizes the balance sheets of vital central banks, providing an integral perspective on market liquidity. Notably, the anticipated retracement below $70,000 is expected to be short-lived, with liquidity trends suggesting continued growth into the third quarter of 2025. Analysts emphasize that the total liquidity is likely to peak around January 2026, potentially positioning Bitcoin to absorb a substantial portion of the influx of new capital, which may exceed $2 trillion by 2025. Source: https://en.coinotag.com/breakingnews/bitcoin-enters-parabolic-phase-predicted-price-surge-above-110000-by-january-2025/

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Filed under: News - @ December 1, 2024 1:53 am