2024

Bitcoin

when

<p>The post <a href="https://coinpedia.org/news/global-liquidity-index-predicts-bitcoin-to-hit-new-ath-in-2025/">Bitcoin to Hit New ATH in 2025, Predicts Global Liquidity Index</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>The global crypto market cap has experienced a decline of 3.29% over the last 24 hours, coinciding with a 1.9% drop in the <a href="https://markets.coinpedia.org/bitcoin/" target="_blank" rel="noreferrer noopener">price of Bitcoin</a>, which is currently trading at $64,617. The <a href="https://coinpedia.org/news/whos-behind-the-massive-bitcoin-sell-off-market-mystery-revealed/" target="_blank" rel="noreferrer noopener">continuous drop in the crypto</a> market is causing more money to flow out of spot Bitcoin ETFs, marking the fifth straight day of losses totaling $140 million.</p> 
<p>Here’s what you should know.</p> 
<h2 class="wp-block-heading" id="h-global-liquidity-index-what-it-tells-us">Global Liquidity Index: What It Tells Us</h2> 
<p>Interestingly, the Global Liquidity Index (GLI) closely mirrors Bitcoin’s ups and downs, hinting at a possible big price jump for Bitcoin, maybe reaching new highs by 2025. Could this mean that Bitcoin will see a new all-time high in 2025?</p> 
<p>According to the tweet post, the Global Liquidity Index (GLI) has reached its lowest point, hinting at an upcoming surge in liquidity. Traditionally, when liquidity rises, Bitcoin tends to experience bullish trends. Therefore, the expectation is that Bitcoin’s price will continue to rise in the coming years.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">The Global Liquidity index chart bottomed out and peaked just with <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a>. Anticipating the continuation of the rise, putting in the top for <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$BTC</a> in 2025. <a href="https://t.co/wICKeUbNgt">pic.twitter.com/wICKeUbNgt</a></p>— Bitcoinsensus (@Bitcoinsensus) <a href="https://twitter.com/Bitcoinsensus/status/1804058831674314871?ref_src=twsrc%5Etfw">June 21, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>Observers are closely monitoring this trend, with many predicting that the ongoing rise in GLI could herald another significant surge in Bitcoin’s value. If the GLI continues its upward trajectory, it may indicate that <a href="https://coinpedia.org/news/veteran-crypto-analyst-outline-timeline-when-bitcoin-price-start-to-recover/" target="_blank" rel="noreferrer noopener">Bitcoin is poised for a major</a> price increase, potentially reaching a new peak by 2025.</p> 
<h2 class="wp-block-heading" id="h-bitcoin-price-analysis">Bitcoin Price Analysis</h2> 
<p>Looking at the technical perspective bitcoin is trading below the 50-day moving average, and holds above the 200-day, indicating potential short-term weakness but long-term resilience.&nbsp;</p> 
<p>However, a break above the 50-day moving average could drive Bitcoin to $69,000 and its previous record of $73,808 from the current price level of $64,560. On the flip side, a <a href="https://coinpedia.org/price-analysis/bitcoin-slips-below-65000-here-is-only-when-the-btc-price-may-recover/" target="_blank" rel="noreferrer noopener">drop below $64,000</a> may lead to a slide to $60,365.</p> 
<p>Although the Open interest in Bitcoin contracts has slightly decreased to $19 billion, the Relative Strength Index (RSI) of 39.47 suggests that there is still room for Bitcoin to fall further before reaching oversold levels.</p> 
<p>Also Read: <a href="https://coinpedia.org/news/crypto-expert-predicts-xrps-next-big-surge-7x-gains-possible-by-2025/" target="_blank" rel="noreferrer noopener">Crypto Expert Predicts XRP’s Next Big Surge: 7x Gains Possible by 2025!</a></p> 
<p><strong>Feeling bullish or bearish? Let us know.</strong></p>

Bitcoin to Hit New ATH in 2025, Predicts Global Liquidity Index

Table of Contents

CoinPedia News

Muita 21. kesäk. 2024 julkaistuja artikkeleja

MATIC’s bearish week to turn bullish? Analysts predict rally to $4-$5

Bitcoin Price Prediction As Michael Saylor’s MicroStrategy Acquires $786 Million More BTC And Thi...

How High Can Worldcoin (WLD) Price Go in 2024?

Oleksandr Usyk-backed Ready to Fight teams up with TON Foundation to offer crypto debit cards

Next-Gen Privacy Hits Blockchain: Aleph Zero Unveils Game-Changing ZK-Privacy Tech on EVM

Top Crypto Presale: MoonBag On the Way to Zenith as Toncoin and Fantom Face Obstacles

Join our free newsletter for daily crypto updates!