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Jan 26, 2026
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Global Liquidity Suggests Bitcoin Could Reach $270,000 Amid Currency Weakening

Crypto analyst Kyle Chassé highlights the increasing global liquidity as a sign of Bitcoin's undervaluation. This view arises amid weakening fiat currencies like the Dollar and Yen due to governmental fiscal policies.

Key Insights

  • Kyle Chassé suggests a Bitcoin target of $270,000 based on rising global liquidity.
  • The global M2 money supply has reached a record $98 trillion, with growth from the U.S., Eurozone, China, and Japan.
  • Year-to-date global liquidity growth is at 6.2%, the fastest since the 2020 pandemic response.
  • Chassé views Bitcoin as a hedge against currency debasement and potential inflation.

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Amid declining Dollar and Yen values, increased government spending is seen as bullish for Bitcoin due to its fixed supply. However, Bitcoin's price remains volatile, trading like a risk asset, with recent declines linked to political tensions in the U.S.

Future Projections

  • Analyst Merlijn predicts Bitcoin will rise when liquidity returns, suggesting BTC could reach $124,000.
  • Bitcoin is currently forming waves that indicate a trend reset and potential rally.
  • At present, Bitcoin trades around $87,700, according to CoinMarketCap data.

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