Just saw a chart and instantly understood—Bitcoin is fundamentally tied to the Fed’s liquidity tap.



To put the chart in plain language: Bitcoin’s price is stuck in an upward channel and can’t move freely. Since 2019, every time the price tries to break above the channel’s midpoint, it’s only been able to do so thanks to the Fed’s quantitative easing (QE). Right now, the price is hovering around $90,000, lingering in the lower half of the channel and barely holding on—it’s clearly missing another big round of stimulus. That $760,000 target on the chart? It would require another epic wave of money printing as a precondition.

Here’s how I see it:

Bitcoin right now is like a boat tied to the QE floodgate. If the gate doesn’t open, the boat just scrapes along the riverbed, unable to reach deeper waters. The million-dollar voyage depicted on the chart is all about dreaming of a rising tide—but here’s the problem: where’s the tide now?

To be realistic:

Don’t treat forecast charts as treasure maps. To go from $90,000 to $760,000, there would be countless interest rate hike scares and targeted liquidations along the way. Jumping in now will likely just make you fresh meat for the bears waiting at the upper channel resistance.

Hope your position can hold out for the real “flood,” and doesn’t end up stranded as a pile of scrap metal on the dry riverbed.

(This article does not constitute investment advice.)
BTC-0.04%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
FlashLoanLordvip
· 5h ago
It took me half a day to figure it out. Turns out we're all just betting on whether the Federal Reserve will pump more liquidity. This business is actually that simple. Wait, is the 760,000 number for real? Feels like they're just selling a dream again. Honestly, entering at the 90,000 level—I think it's better to wait. Don't get fooled by the charts. The logic is very clear: without QE, there’s no Bitcoin story. Right now, we're just betting on something we can't see.
View OriginalReply0
BoredStakervip
· 22h ago
Simply put, it depends on the Fed’s mood—if they’re feeling good, prices can rise; if not, we’re stuck. The $90,000 level is really uncertain, and $760,000 is just wishful thinking unless there’s another round of massive money printing.
View OriginalReply0
GasOptimizervip
· 22h ago
What conditions are required to reach 760,000? Let the data speak, not the charts. --- From 90,000 to 760,000? How many liquidations would you have to go through to get there... The capital efficiency of this round of leverage, when calculated, actually isn't worth it. --- The QE floodgate analogy is spot on, but the problem is—can we really expect the floodgate to open again now? There's no on-chain evidence of that. --- Prediction charts are like gas optimization models; if the parameters are even slightly off, the results are worlds apart. The prerequisites for this 760,000 target are just too strong. --- To put it bluntly, it's just a bet on the Fed. If you lose the bet, the “retail price” is the current price. From a capital efficiency standpoint, the risk-reward ratio isn't quite balanced right now. --- That "stranded on the riverbed" line is savage... But looking at historical data, this round really does lack the momentum to break through the upper channel. --- I just want to know where the funds for this rebound are coming from—is there support in the on-chain data? Otherwise, it's all just air.
View OriginalReply0
PanicSeller69vip
· 22h ago
$760,000? Bro, get real. The Fed is the real player here—we're all just along for the ride.
View OriginalReply0
HashRatePhilosophervip
· 22h ago
The words are quite piercing, but I feel like this chart is a bit overfitted... The Fed can indeed decide the ups and downs, and we can't change that. Might as well just think about how to survive on this train.
View OriginalReply0
DaoResearchervip
· 22h ago
From the data performance, this chart actually exposes a fundamental problem in the market—the price discovery mechanism of Bitcoin has become heavily dependent on central bank policy rather than intrinsic value. According to on-chain data, we can observe a correlation coefficient of nearly 0.87 between the QE cycle and BTC price. Such a high degree of coupling is fatal in tokenomics. Many people think the 760,000 target is achievable, but it is actually full of flaws: first, the incentive mechanism has been completely distorted; second, market participants' expectations have formed a fragile multi-equilibrium game. From a governance perspective, it's like a governance token being entirely manipulated by whale holders—unless the Fed injects more liquidity, the entire system is just self-deception. It is worth noting that the current position is actually the most dangerous. From the logical deduction in section 3.2 of the white paper's economic model, assets that require external liquidity support have essentially violated the original intent of decentralization. What I am more interested in is, when will we finally see a truly DAO-governed price discovery mechanism?
View OriginalReply0
ReverseTrendSistervip
· 22h ago
Hmm... that hits close to home, I guess I'm just that pile of scrap metal.
View OriginalReply0
SundayDegenvip
· 22h ago
$760,000? Wake up, bro. If the Fed doesn't inject liquidity, this is just a joke.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)