- Bitcoin price is currently at $113,544.98, showing positive movement in the last 24 hours.
- Global M2 liquidity is nearing an all-time high, correlating with Bitcoin’s upward trend.
- Bitcoin faces a potential price correction as it slips below the critical 0.95 Cost Basis Quantile.
Bitcoin has recently fallen below the 0.95 Cost Basis Quantile, a key threshold often used to identify profit-taking zones. This drop has placed Bitcoin in a critical risk band, as indicated by Glassnode’s Supply Quantiles Cost Basis Model. Investors generally consider this level as a sign of potential price corrections.
If the price fails to recover above this quantile, Bitcoin could continue drifting lower. Analysts have identified support levels between $105k and $90k. These support zones could act as a cushion for price action if the downward trend persists.
However, reclaiming the 0.95 quantile would signal a potential shift in market sentiment, suggesting renewed strength and stability for Bitcoin.
Bitcoin Price and Global M2 Liquidity Correlation
The recent growth in global M2 liquidity has seen Bitcoin’s price track a similar upward trajectory. According to Bitcoin Magazine, global liquidity is approaching a new all-time high. This has been a consistent pattern, with Bitcoin’s price often following the rise in global liquidity over the years.
The correlation between global M2 and Bitcoin is evident in the long-term chart, which shows Bitcoin’s price mirroring the growth in liquidity from 2014 to 2025. As global liquidity increases, so too does Bitcoin’s price, reinforcing its role as a potential hedge in a liquidity-driven market. The rise in global M2 liquidity is thus seen as a favorable factor for Bitcoin’s price growth moving forward.
At press time, Bitcoin’s price stands at $113,544.98, reflecting a 1.65% increase in the last 24 hours. The market capitalization is currently $2.26 trillion, with a circulating supply of 19.92 million BTC. Bitcoin’s continued price rise amidst growing liquidity suggests the possibility of further gains if the trend holds.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred. Readers should do their own research before making financial decisions.
