Real Vision’s chief crypto analyst says that Bitcoin (BTC) may soon print a series of rallies as macroeconomic conditions could ease later this year.
In a new thread, crypto strategist Jamie Coutts tells his 37,300 followers on the social media platform X that market liquidity is expected to increase in the second half of 2025, which may pump Bitcoin.
“The bottom line, though, is that if Bitcoin can rally through the worst liquidity withdrawal in decades, it’s primed for more significant moves as conditions ease through the rest of the year. Watch the blue line [Base Money Liquidity to Debt Ratio] begin to tick higher in 2H (second half) of the year.”
In addition to predicting money supply will increase faster than US debt, he also predicts that Bitcoin adoption will increase among US banks and sovereign wealth funds, helping to increase the value of the flagship crypto asset.
“More likely, base money outpaces government debt growth. What happens if base money expands faster than U.S. debt growth? In some reality, that might steady the ship and dampen the fear fueling Bitcoin adoption. But, in my view, that only hits the margins.
Meanwhile, deeper Bitcoin integration at both sovereign and banking levels is inevitable. Ultimately, US structural deficits are not changing. The US government will need to find new and inventive ways to ensure there is a bid for their debt.”
Bitcoin is trading for $84,090 at time of writing, flat on the day.
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