Editor's PiCK
"Dollar strength and positive liquidity indicators... Bitcoin has high potential for growth"
Son Min
Summary
- "As the dollar has turned bullish and liquidity indicators have changed positively, Bitcoin has a high potential for growth," he stated.
- "Bitcoin has shown more than 3x growth under similar conditions in the past," he reported.
- "Since Bitcoin recorded its worst performance in 10 years last February, the possibility of a rebound has increased," he stated.
Opinions have emerged that Bitcoin (BTC) has a very high potential for growth.
On the 4th (local time), Jamie Coutts, an analyst at Real Vision, stated through X, "The possibility of a Bitcoin rally is very high," adding, "The dollar has turned bullish, and liquidity indicators have also turned positive since February."
He said, "Under these conditions, Bitcoin has risen 3 times since 2018 and 2.5 times since 2022," adding, "The fact that Bitcoin recorded its worst February in 10 years last month also increases the possibility of a rebound."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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