Matrixport: Global liquidity change indicator may drive Bitcoin price to $140000 by the end of this summer

According to today's chart released by the Daily Planet News Matriexport, in the past 18 months, global liquidity changes have repeatedly reflected the trend of Bitcoin in advance, which is regarded by many investors as an important "leading indicator". However, with the evolution of the market structure, the prediction effectiveness of this model is weakening, and it needs to be continuously verified and dynamically adjusted. The current Bitcoin price is fluctuating between $105000 and $110000, which is consistent with the 13 week lag rhythm suggested by the model. If the correlation remains valid, Bitcoin needs to maintain its current support range in order to sustain its upward expectations. If the trend is further confirmed, the price of Bitcoin may climb to $140000 by the end of this summer. There is still disagreement in the market regarding the stability of this model, but as a tool for observing market sentiment and trend changes before it is falsified, it still has certain reference value.