Real Vision analyst: The global liquidity model has shown a bullish signal for the first time since last November, and BTC may be about to rise significantly
ChainCatcher news, Real Vision analyst Jamie Coutts posted on social media that central banks around the world are making concessions, liquidity valves are opening, and Bitcoin is about to surge significantly. The Global Liquidity Momentum Composite Index (MSI) has shown its first bullish signal since November 2023, after Bitcoin rose 75% from November to April, then the signal turned bearish.In the past month, the Bank of Japan and the People's Bank of China have increased their balance sheets by $400 billion and $97 billion, respectively; the total global money supply (credit) has expanded by $1.2 trillion, a growth significantly accelerated by the sharp decline of the dollar. This indicates that this is coordinated with the Federal Reserve's agreement. Compared to similar phases in previous cycles (which will obviously not be exactly the same):2017: Bitcoin rose 19 times2020: Bitcoin rose 6 times2024: Estimated to be 2-3 timesTo achieve this, Bitcoin needs to push the DXY well below 101, which will be driven by ongoing central bank injections. This will push the global M2 money supply to exceed $120 trillion in this cycle. Finally, as pointed out yesterday, this is the natural state of a fractional reserve system based on credit. The money supply must continuously expand to support existing debt; otherwise, everything will collapse.