Will Bitcoin Hit $1,000,000 After The Halving?
Blockware Podcast
00:00
The Role of Global Liquidity in Bitcoin Cycles
I think at this stage in the cycle, Bitcoin is kind of correlated to, I mean, it's seen as a risk asset. In the next phase, I expect that Bitcoin indeed becomes more like the safe haven and digital gold. The question is, how long is that going to take? You know, like currently the correlation with the S&P is high in my opinion. And, and so we have to see what happens in macro. But during the phases where actually liquidity is decreasing, yeah, since Bitcoin is still correlated to risk assets, you know, eventually they will go down.
Transcript
Play full episode
