Part 2: The 4 Bitcoin Catalysts Everyone Is Watching

Author

Markus Thielen
March 31, 2025

This report is longer than our usual publications, but it tackles many of the key questions surrounding our current outlook. We recommend reading Part 2 below and also reading Part 1 (published yesterday) for the full picture.

👇15-27) Our recent bullish Bitcoin reports—highlighting historically strong performance following negative funding rates and positive signals from the 13-week change in global liquidity—are based on medium- to longer-term indicators (3 months), which remain valid despite short-term uncertainties, such as tariff risks. Bitcoin peaked when (Michigan) 1-year inflation expectations traded above 3.0% for two consecutive readings.

Bitcoin (LHS) vs. 1yr Inflation Expectations (RHS)

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