**Global Liquidity Surge May Boost Bitcoin**
**By [lex]**
*September 16, 2024*
Raoul Pal suggests that rising global liquidity in the US, Japan, China, and Europe could propel cryptocurrencies and markets like the Nasdaq. As global M2 money supply increases, Bitcoin, which is closely linked to M2, might see significant gains.
Analysts predict a potential three-month rally for Bitcoin, aiming for over $90,000. Titan of Crypto highlights that previous retests of the 50-week moving average have led to substantial gains, with a potential rise to $92,000 if trends continue. However, Bitcoin might experience short-term volatility before the Federal Reserve’s September 18 meeting.
### What’s your view?
- How will rising global liquidity affect Bitcoin?
- Do you think Bitcoin will hit $92,000?
- What impact might the Fed’s meeting have on Bitcoin?
Share your thoughts below. 0 reply
0 recast
0 reaction