Bitcoin is predicted to “blast off” in three weeks as global liquidity trends turn in favor of crypto and risk assets.
New X analysis from Andre Dragosch, European head of research at asset management firm Bitwise, predicts global money supply hitting new all-time highs.
3-week countdown to BTC price comeback
A new Bitcoin (BTC) price tailwind is brewing as US dollar strength drops to its lowest levels since the start of November last year.
The US Dollar Index (DXY), which measures dollar strength against a basket of trading partner currencies, is threatening to drop below 104, data from Cointelegraph Markets Pro and TradingView shows.
For Dragosch, the implications are already clear.
“If this trend continues like that, global money supply will soon reclaim new all-time highs,” he wrote, describing DXY as the “most bullish chart you will see today.”
“You know what that means for BTC…”
US Dollar Index (DXY) 1-day chart. Source: Cointelegraph/TradingView
The greenback has yet to benefit substantially from the new US government administration, while trade tariffs continue to weigh on risk-asset sentiment.
Analyst Colin Talks Crypto eyed a rebound in total M2 money supply for clues about a new Bitcoin breakout.
As Cointelegraph reported, Bitcoin remains highly sensitive to global liquidity trends, with bull markets closely tied to phases of expansion.
“The rally for stocks, bitcoin, crypto is going to be epic,” Colin Talks Crypto told X followers this week, reiterating a previous prediction.
“March 25th is the approximate date.”
Risk assets vs. global M2 money supply chart. Source: Colin Talks Crypto/X
US Bitcoin reserve odds pass 70%
Bitcoin and altcoins could well receive a much-needed boost ahead of time.
Related: Bitcoin price metric that called 2020 bull run says $69K new bottom
March 7 will see US President Donald Trump host the first White House Crypto Summit, with Commerce Secretary Howard Lutnick suggesting that the event should yield confirmation of a strategic Bitcoin reserve.
While other sources say the move will be delayed due to a lack of congressional support, some longtime crypto market participants say the reserve is inevitable.
“The Strategic Bitcoin Reserve is coming,” Professional Capital Management founder and CEO Anthony Pompliano summarized on X.
“Everyone wants digital sound money.”
In a market note on March 5, Matt Hougan, chief investment officer at crypto index fund and ETF manager Bitwise, forecasted that the reserve would go ahead and consist “entirely” of BTC.
The latest data from prediction service Kalshi gives a 71% chance of a Bitcoin reserve this year — the highest-ever odds.
Source: Kalshi
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.