Bitcoin's close correlation with global M2 highlights its dependency on liquidity trends despite market shocks like the US Strategic Bitcoin Reserve announcement. Analyst Joe Consorti suggests this pattern shows Bitcoin as a key monetary asset amid monetary expansion.
Bitcoin's dominance rises to its highest since 2021, sparking debate over a potential massive short squeeze. Expert Joe Consorti highlights a historic shift as institutions focus on Bitcoin, leaving altcoins struggling.
Bitcoin challenges traditional financial models, with expert Joe Consorti sharing predictions for 2025.
Bitcoin may fall 20% due to M2 money supply decline, with long-term holders selling in reaction to price fluctuations. Analysts predict continued market volatility as Bitcoin struggles to maintain key price levels.
Bitcoin's price could face a 20-25% decline due to a downturn in the global M2 money supply. This correlation suggests potential risks for investors, with Bitcoin possibly following global liquidity trends after a lag of about 70 days. Joe Consorti's analysis highlights the macro liquidity signals impacting BTC's future price.
Analyst Joe Consorti predicts Bitcoin could drop to $75,000-$80,000 if it correlates with the Global M2 money supply.
Bitcoin may face another "Thanksgiving Day Massacre" as analysts debate potential dips due to M2 money supply trends and market behavior. While some predict a possible correction to $73,000, others see potential in upcoming Federal Reserve policy shifts and structural buying pressure that could support Bitcoin's price resilience.
Bitcoin recently plummeted from nearly $100,000 to around $91,000, sparking analysis and debate about its price trajectory and the contributing sellers.
Bitcoin could face a 20-25% correction due to its correlation with global M2 money supply, which is declining. Experts highlight Bitcoin's historical trends with M2 and suggest long-term strategies. Skepticism exists about short-term data focus.
The launch of spot Bitcoin ETF options is significant for BTC, according to Joe Consorti. He emphasizes its impact on the market.
The spot Bitcoin ETF options launch in the US today could draw more liquidity and attract both institutional and individual investors, according to industry executive Joe Consorti.
Joe Consorti engages in a Q&A about Bitcoin, covering various aspects of the cryptocurrency.
Joe Consorti from The Bitcoin Layer critiques Ethereum's future, citing underperformance compared to Bitcoin. He highlights Ethereum's 10.6% value drop since January, contrasting with Bitcoin's 42% increase. Concerns include Ethereum's inconsistent monetary policies and waning investor interest, demonstrated by ETF outflows. Meanwhile, Bitcoin's fixed supply and financial integration boost investor confidence.
The upcoming fourth Bitcoin halving is causing speculation about its price potentially surpassing $100,000. Joe Consorti's analysis suggests the consolidation phase and unique market dynamics might drive a bull run, with ETF and spot market behavior reinforcing this potential. Industry experts share this bullish sentiment.
