Summary
- James Coutts predicts a bullish turn in Bitcoin’s price based on shifts in global liquidity measures.
- Global Money Supply (M2) index is crucial for understanding liquidity flows and price cycles.
- The rate of change in M2 money supply is more critical than its nominal value for Bitcoin price movements.
- Coutts highlights the importance of credit conditions and the behavior of the US dollar in influencing Bitcoin’s future outlook.