{"id":145398,"date":"2024-12-23T14:00:06","date_gmt":"2024-12-23T12:00:06","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=145398"},"modified":"2024-12-23T10:02:09","modified_gmt":"2024-12-23T08:02:09","slug":"bitcoin-faces-potential-further-decline-as-global-liquidity-dips","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/bitcoin-faces-potential-further-decline-as-global-liquidity-dips\/","title":{"rendered":"Bitcoin Faces Potential Further Decline as Global Liquidity Dips"},"content":{"rendered":"

Analysts suggest that global macroeconomic pressures played a major role in this decline, raising concerns that Bitcoin<\/a> <\/strong>could face further losses if these conditions worsen.<\/p>\n

However, Bitcoin also has internal factors that could provide some resilience in the face of external challenges. One key aspect is the changing dynamics of global liquidity. Recent data reveals that global money supply, or Global M2, has seen a sharp drop of $4.1 trillion over the past two months.<\/p>\n

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Is Bitcoin overdue for a correction?<\/p>\n

In the past, #Bitcoin<\/a> prices have followed global money supply with ~10 week lag.<\/p>\n

As global money supply hit a new record of $108.5 trillion in October, Bitcoin prices reached an all-time high of $108,000.<\/p>\n

Over the last 2 months, however,\u2026 pic.twitter.com\/i80ym4Wu7F<\/a><\/p>\n

\u2014 The Kobeissi Letter (@KobeissiLetter) December 21, 2024<\/a><\/p><\/blockquote>\n