Bitcoin Liquid Index
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Will Bitcoin Hit ATH Before Halving?

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I posted a Log Regression when #Bitcoin was 15k.

I publish now when it is 62k. So BTC has already done x4.

What now? Shall we break the ATH? Let's consider the pros and cons.

This is why yes:

➕Increasing global liquidity.

➕So far, positive flow from ETFs.

Here's why not:

➖Strong overbought

➖Previously, there was no ATH breakout before the halving. And immediately after, the "sell in May" season.

➖Strong sales began (in medium wallets), because many people consider ATH a good zone to sell the part.

💡Conclusion. If we do not break the ATH in the next 2 months, it will likely happen in the autumn. In the base case scenario, I only expect a test ATH unless ETF flows and liquidity increase significantly.
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