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@diehard
Bitcoin's recent price recovery is linked to global liquidity dynamics, particularly the M2 money supply. Despite the U.S. Federal Reserve's quantitative tightening, a shift in capital away from U.S. Treasury securities may drive investors toward riskier assets like Bitcoin. Market sentiment, rising social volume, and growing network activity also support bullish trends. If liquidity continues to rise and global sentiment improves, Bitcoin may experience further growth in 2024.
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