Analysis: Global liquidity is expected to tighten by 20% to 25%, putting short-term pressure on Bitcoin.
CoinFeed reported on April 21 that, according to CoinDesk, Russell Thompson, Chief Investment Officer of crypto asset management firm Hilbert Group, stated that global liquidity is expected to tighten by 20% to 25%, putting short-term pressure on Bitcoin. Even if the Iranian issue is resolved quickly, risk assets will struggle to sustain a rally without external policy support. Thompson anticipates that US policymakers will take countermeasures, including reforms to supplement leverage, significant mobilization of funds from the Treasury's total account, and a series of interest rate cuts under the new Federal Reserve Chairman. He maintains a medium- to long-term bullish view, predicting that Bitcoin will "significantly rise" by the end of the year and reach an all-time high around 2027 as liquidity bottoms out.