Bitcoin Gains 0.3% Tracking Global Liquidity Trends

Bitcoin's price has been closely tracking global liquidity trends, with its recent movements reflecting the expansion in the Global M2 supply. As of June 25, 2025, Bitcoin was priced at $107,383, marking a 0.3% gain over the past 24 hours. This price is near its resistance level of $108,116, with support established at $106,960. The correlation between Bitcoin’s price and Global M2 liquidity, with a three-month lead, highlights the impact of liquidity on long-term price behavior. This correlation has intensified as both lines converge and trend upward into Q3 2025.

Over the past 18 months, Bitcoin has followed the Global M2 liquidity curve with remarkable consistency. Starting late 2023 near the $40,000 mark, Bitcoin increased due to rising M2 levels around 100.7T. This trend gained strength in 2024 with several higher highs and higher lows showing liquidity-driven growth. By 2025 mid-year, both Bitcoin and M2 liquidity reached all-time highs: BTC nudged 108K, and M2 reached over 112.4T. The current convergence reinforces the liquidity cycle’s role in the ongoing rally.

BTC’s structure since early 2024 displays a rising price channel, confirmed by repeated upward swings that follow M2 increases. The chart’s dashed green line, beginning near mid-2025, illustrates a projected path aligned with accelerating liquidity growth. This projection tracks toward new highs if current macroeconomic liquidity conditions persist. As M2 liquidity holds above 112.4T, Bitcoin’s upward momentum appears supported structurally. However, BTC’s 24-hour range between $106,960 and $108,116 indicates that the price is testing a short-term inflection point within the broader channel.

Currently, Bitcoin is trading tightly between key levels. The lower boundary at $106,960 has acted as local support during recent consolidations. Meanwhile, the resistance at $108,116 marks the next significant level in BTC’s short-term trajectory. The chart emphasizes these levels as structural markers within the ongoing rally. Liquidity-driven momentum continues to define the trend, with macro liquidity conditions offering a forecast window for potential price developments into Q3 2025.