Historical Patterns Suggest Bitcoin Price Rally is Just Around the Corner

Bitget App

Trade smarter

Cryptodnes2024/08/16 20:06

By:Cryptodnes

Jamie Coutts from Real Vision believes Bitcoin (BTC) may be nearing a significant price rally due to favorable market conditions.

Coutts points out that global liquidity is increasing, which historically has signaled bullish trends for Bitcoin . He notes that this rise in liquidity comes as the market is shedding excess leverage and excitement from recent exchange-traded fund (ETF) launches.

Over the past decade, #Bitcoin has had a tendency to trough several months before the bottom in global M2. Then it rips, gets way ahead of the move in liquidity, and has a mid-cycle correction.

Now, momentum in global liquidity is starting to accelerate higher while all the… pic.twitter.com/0A9hV9m25h

— Jamie Coutts CMT (@Jamie1Coutts) August 13, 2024

He explains that Bitcoin often bottoms out months before a global money supply low and then rallies strongly ahead of liquidity improvements, followed by a mid-cycle correction.

In a debt-based fractional reserve financial system, the money supply must continually expand to support the outstanding debt. Otherwise, everything will collapse. This is the natural state. #Bitcoin pic.twitter.com/nAuFstnB2Z

— Jamie Coutts CMT (@Jamie1Coutts) August 13, 2024

Coutts expects a rise in global money supply due to the nature of the debt-based financial system, where continuous expansion is necessary to sustain existing debt.

Additionally, Coutts highlights the role of the US Dollar Index (DXY) in influencing Bitcoin’s price.

US Dollar Cycles #Bitcoin Bull mkts. The trend support line is arbitrary. The point is that $BTC experiences the highest velocity upside move when the dollar breaks lower. If the DXY is weakening from here it’s being coordinated by the Fed and global liquidity is being… pic.twitter.com/A9ah7WYnxj

— Jamie Coutts CMT (@Jamie1Coutts) August 14, 2024

He observes that Bitcoin tends to surge when the DXY falls, as this indicates a weakening dollar, which often results from Federal Reserve actions and increased global liquidity.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

1. **Challenges in the Creator Economy**: Web2 content platforms suffer from issues such as opaque algorithms, non-transparent distribution, unclear commission rates, and high costs for fan migration, making it difficult for creators to control their own data and earnings. 2. **Integration of AI and Web3**: The development of AI technology, especially AI Avatar technology, combined with Web3's exploration of the creator economy, offers new solutions aimed at breaking the control of centralized platforms and reconstructing content production and value distribution. 3. **Positioning of the TwinX Platform**: TwinX is an AI-driven Web3 short video social platform that aims to reconstruct content, interaction, and value distribution through AI avatars, immersive interactions, and a decentralized value system, enabling creators to own their data and income. 4. **Core Features of TwinX**: These include AI avatar technology, which allows creators to generate a learnable, configurable, and sustainably operable "second persona", as well as a closed-loop commercialization pathway that integrates content creation, interaction, and monetization. 5. **Web3 Characteristics**: TwinX embodies the assetization and co-governance features of Web3. It utilizes blockchain to confirm and record interactive behaviors, turning user activities into traceable assets, and enables participants to engage in platform governance through tokens, thus integrating the creator economy with community governance.

BlockBeats•2025/11/22 11:23

Empowered by AI Avatars, How Does TwinX Create Immersive Interaction and a Value Closed Loop?

Aster CEO explains in detail the vision of Aster privacy L1 chain, reshaping the decentralized trading experience

Aster is set to launch a privacy-focused Layer 1 (L1) public chain, along with detailed plans for token empowerment, global market expansion, and liquidity strategies.

BlockBeats•2025/11/22 11:22