Bitcoin bull run’s ‘most important chart’ hits new $94T all-time high

BTC price discovery is all but a given now that global liquidity is breaking into undiscovered territory, Bitcoin analysis suggests.

Bitcoin stands to boost its current bull run thanks to a record high in global liquidity.

New analysis published on June 5 by Philip Swift, creator of on-chain data platform LookIntoBitcoin, shows liquidity worldwide nearing $100 trillion.

Bitcoin (BTC) and crypto markets are famously sensitive to global liquidity trends, and in 2024, conditions could not be more conducive to BTC price upside.

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