Key Indicator Signals Crypto Rally Isn’t Over

Jamie Coutts, a leading digital asset strategist at Real Vision, believes that the crypto market’s bullish momentum is far from reaching its peak.

He points to a key indicator—global money supply (M2)—which has historically aligned with crypto price trends, suggesting further rallies ahead.

Sharing his insights with followers on X, Coutts explains that rising liquidity fuels asset growth, while increased blockchain activity supports valuation.

By comparing global liquidity levels with active crypto addresses, he emphasizes that crypto serves as both a high-risk liquidity asset and a long-term growth opportunity.

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His analysis indicates that global liquidity is on an upward trajectory, nearing last year’s peak. A weaker dollar and potential central bank interventions could further push it higher, reinforcing bullish conditions.

Additionally, Coutts predicts that more governments will increase their Bitcoin holdings in 2024. He highlights that sovereign wealth funds, especially in countries with domestic Bitcoin mining operations, have likely been quietly accumulating BTC for over a year— a trend he expects to accelerate.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.