Analysis: Bitcoin needs to maintain its current support range in order to sustain its upward trend, and may climb to $140000 by the end of this summer

According to Matrixport analysis, in the past 18 months, global liquidity changes have repeatedly reflected the trend of Bitcoin in advance and are considered important "leading indicators". However, as the market structure evolves, the predictive power of this model is weakening and requires continuous validation and dynamic adjustment. At present, the price of Bitcoin is fluctuating in the range of $105000 to $110000, which is basically consistent with the 13 week lag rhythm suggested by the model. If the correlation remains valid, Bitcoin needs to hold its current support range in order to maintain its upward expectations and may further climb to $140000 by the end of this summer.