Dr. Ross Highlights Liquidity as Key Driver of Bitcoin’s Price

Dr. Ross discusses Bitcoin's market behavior, suggesting the traditional four-year halving cycle may no longer apply. He emphasizes that liquidity drives Bitcoin's price, as it absorbs excess money supply like other major assets.

Key points include:

Fiat currency loses value; gold retains value; Bitcoin is an appreciating store of value.
Bitcoin will remain volatile until its market cap nears gold’s $20 trillion.
Ross uses a “three-burner theory” to explain Bitcoin's price action.
The first burner is liquidity, which has been strong since 2022.
The second burner involves the lagging US economy, particularly weak manufacturing.
As economic data improves, Bitcoin’s next major upward move may occur.
The third burner relates to speculation: increased confidence fuels leverage and risk-taking.

Ross views the current slow market as delayed growth rather than weakness. He anticipates that stabilization in economic policies will activate Bitcoin’s growth potential.