Bitcoin’s Potential Upswing in 2025: A Macro Perspective
- Julien Bittel of Global Macro Investor predicts a “macro summer” in 2025 with rising growth and modest inflation.
- US bond yields and the dollar are declining, allowing central banks more flexibility.
- China’s bond yields have fallen, suggesting potential for liquidity injections.
- The ISM Index is moving above 50, indicating possible Bitcoin growth similar to 2017.
- Bittel cautions that Bitcoin’s historical surges align with a strong business cycle but involve volatility.
Bittel highlights the current economic conditions, including a weaker dollar and increased global liquidity, as factors that could lead to significant Bitcoin gains akin to the surge seen in 2017. However, he emphasizes the inherent volatility and potential for corrections during such rallies.
Source (2.6)https://www.newsbtc.com/news/bitcoin/bitcoin-2025-macro-outlook/?rand=52377