Bitcoin Set to Soar As US Dollar Weakens and Global Liquidity Reaches New Highs
Bitcoin is expected to surge in the next three weeks as global liquidity shifts, supporting crypto and risky assets. Andre Dragosch, head of research at Bitwise, predicts that global money supply will reach new highs to support the price rebound of Bitcoin.
On Wednesday, FTSE 100 and European stocks surged, bounced from heavy losses as the dollar fell to a four-month low. After that, President Trump warned that his tariffs would cause “some distractions.” The pound has risen by $1.28 for the first time since December.
As the dollar weakens, Bitcoin is gaining momentum. The US dollar index (DXY) tracks the strength of the US dollar against other currencies, close to below 104, which may further increase the price of Bitcoin.
The bullish signs are obviously obvious
For Dragosch, these signs are already obvious. He believes that if the current trend continues, the global money supply will soon reach new record levels. He called the US dollar index (DXY) “the most bullish chart you will see today,” indicating that there is a great potential for Bitcoin price to rise.
However, the dollar has not yet made huge gains from new government governments, and ongoing trade tariffs are still negatively affecting sentiment around riskier assets, such as cryptocurrencies.
Analyst Colin Talks Crypto is watching the M2 Money Supply to see signs of Bitcoin’s breakthrough. It is worth noting that when global liquidity increases, the price of Bitcoin tends to rise, as seen in past bull markets.
An epic rally is imminent?
“The rally of stocks, bitcoin, cryptocurrencies will be epic,” Colin talks about cryptocurrencies Tell X Followers stick to his early predictions this week. After a period of volatility, Bitcoin and alternatives may soon get much-needed boosts.
On March 7, US President Donald Trump will hold his first White House crypto summit. Commerce Secretary Howard Lutnick suggested the event would confirm plans for strategic Bitcoin reserves.
The mood in the crypto protection zone is strong!
Although some sources say reserves may be delayed due to lack of support from Congress, many long-term crypto market experts believe the reserves will be in the future. “Strategic Bitcoin reserves are coming,” Tweets Anthony Pompliano, Founder and CEO of Professional Capital Management.
In addition, Bitwise, Matt Hougan, chief investment officer and ETF manager of Crypto Index Fund, predict Bitcoin reserves will move forward and make up “completely” Bitcoin.
In addition, the latest data from forecasting service Kalshi shows that reserves occurred 71% this year, marking the highest probability ever.
