Odaily Planet Daily News Matrixport released today's chart saying that in the past 18 months, global liquidity changes have repeatedly reflected Bitcoin's trend in advance, and are regarded by many investors as an important "leading indicator", but with the evolution of market structure, the predictive power of this model is weakening, and it needs to be continuously verified and dynamically adjusted.
The current Bitcoin price fluctuates between $105,000 and $110,000, which is basically consistent with the 13-week lag rhythm suggested by the model. If the correlation continues to be effective, Bitcoin needs to hold the current support range to maintain the expected rise. If the trend is further confirmed, the price of Bitcoin may climb to $140,000 by the end of this summer.
The market still has differences on the stability of the model, but before it is falsified, it still has a certain reference value as a tool for observing market sentiment and trend changes.