🔵Bitcoin’s price could exceed $110,000 by January 2025, driven by increasing global liquidity, according to Raoul Pal, head of Global Macro Investor. The GMI Liquidity Index, which tracks central bank balances, suggests a local peak in early 2025. However, a correction below $70,000 may follow due to an “interim liquidity peak.”
🔵Further growth is expected in Q3 2025, as increased money supply from the U.S. Federal Reserve creates favorable conditions for risk assets. Bitcoin could attract up to 10% of new liquidity, potentially bringing $2 trillion in investments.