4 Reasons Why Bitcoin’s Bull Market Isn’t Over Yet

Popular analyst Tedtalksmacro is convinced that Bitcoin’s bull run is not over yet. He bases this statement on a number of indicators that come from, among others, the traditional financial world. According to Tedtalksmacro, global liquidity won’t peak until 2026, meaning Bitcoin still has room to rise.

Here are some important charts I’m watching right now. mainly focused around tradFi / crypto ‘liquidity’.

I think that all tell a similar story and point to the current bull cycle being far from over.

– 65 month liquidity cycle: bottomed in Oct ’23, now will expand and peak in… pic.twitter.com/mpxl3rfOxb

— ted (@tedtalksmacro) May 19, 2024

Global liquidity is rising

Starting with that global liquidity, which he says moves in 65-month cycles. This bottomed out in October 2023 and will expand and peak in 2026, according to the analyst.

According to Ted, this is consistent with central bank policy, which is also starting to soften globally. He further notes that the M2 money supply (a way of measuring how many dollars are in circulation) still shows a lot of room for growth.

As you can see, the M2 money supply has fallen recently for the first time in a long time. In theory, this could still give Bitcoin room to grow towards the second half of 2024.

Liquidity is back for Bitcoin ETFs

Then Ted moves on to crypto-related indicators, which he says also point to the continuation of the bull market. “While liquidity is clearly back in crypto (Bitcoin ETFs), the pace of inflows has not yet entered the manic phase we often see during market tops.

Ted does indeed have a point with that. Last week, Bitcoin ETFs saw the largest net inflow since March at $950 million. Ted expects that these will only increase as the price rises and the traditional financial world regains confidence in Bitcoin.

All in all, Ted paints a pretty bullish picture for Bitcoin.

Trade €10,000 for free and get a 10 euro bonus

Do you want to enter the crypto world and perhaps buy Bitcoin or another crypto? Then grab your chance now with this exclusive offer! Thanks to a special deal between Newsbit and Bitvavo, one of the most accessible and user-friendly crypto exchanges in Europe, our readers receive an exclusive offer.

Create an account with Bitvavo via the button below and receive a welcome gift of 10 euros completely free. And that’s not all – you also don’t pay trading fees on your first 10,000 euros in transactions. Register now!