Bitcoin Bulls Eye $92K as Global Liquidity Surges

Bitcoin, the world's leading cryptocurrency, is displaying a unique bullish signal as global liquidity continues to surge, according to analyst Ali Martinez. In a recent social media post, Martinez highlighted that Bitcoin may be poised for a significant upside movement after decoupling from global liquidity, a metric that measures the volume of financial flows.

Historically, rising global liquidity has often preceded Bitcoin bull markets, as an increase in money supply provides investors with capital to invest in risk assets like BTC and other cryptocurrencies. Martinez noted that global liquidity has been on an uptrend since the third quarter of 2024, while Bitcoin has been stuck in a wide trading range for months. This divergence could signal a unique buying opportunity for Bitcoin.

To confirm this bullish outlook, Martinez believes it is crucial for Bitcoin to stay above its short-term holder realized price, a metric that calculates the average price at which short-term investors (those holding Bitcoin for less than 155 days) purchased their coins. Reclaiming the short-term holder realized cost basis at around $92,000 would be a key signal for Bitcoin to extend its bull run.

At the time of writing, Bitcoin's price was hovering around $92,670. As the global liquidity continues to rise, investors should keep a close eye on Bitcoin's price action and its correlation with global liquidity metrics to identify potential buying opportunities in the market.