Dr. Maximilian Bader - 25.2.2025

Did a Chart from December Predict the February Bottom?

In the volatile world of cryptocurrency markets, identifying reliable patterns that explain price movements can provide valuable insights for investors. Today, February 25, 2025, we’re examining a fascinating correlation that has emerged between Bitcoin’s price action and global liquidity measures, specifically the M2 money supply.

The 10-Week Lag Phenomenon

Looking at market data, an interesting pattern becomes apparent: Bitcoin appears to follow global liquidity trends with a consistent 10-week lag. This isn’t just a loose correlation – we’re talking about a statistical relationship approaching 90%, putting it firmly in the category of significant market indicators.

December’s Chart and Today’s Bottom

When we look back at the global liquidity chart from December 18, 2024, and count forward exactly 10 weeks, we land precisely on today’s date – February 25, 2025. Remarkably, this date coincides with what appears to be a local bottom in Bitcoin’s price action.

Is this hindsight? Absolutely. We’re not claiming anyone specifically predicted this bottom using the liquidity chart from December. However, the consistency of this 10-week lag correlation across multiple market cycles makes it more than just a coincidental observation.

Why This Matters Now

The timing of this correlation is particularly significant. We currently find ourselves at the bottom of the liquidity cycle – a critical juncture for market participants. This position in the cycle explains much of the recent market volatility and price pressure on Bitcoin and the broader cryptocurrency market.

What many market observers miss is a fundamental truth about our financial system: the fiat monetary system requires regular liquidity injections to maintain stability and growth. These liquidity cycles create predictable patterns that, as we’ve seen, directly impact Bitcoin’s price action.

Looking Beyond Short-Term Noise

While retail investors and mainstream media often focus on day-to-day price movements, institutional investors and sophisticated market participants monitor these liquidity indicators closely. The smart money understands that these macro indicators have consistently aligned with Bitcoin’s movements with remarkable accuracy.

Rather than panic-selling during downturns, these investors are strategically dollar-cost averaging (DCA) into positions, recognizing the cyclical nature of both liquidity and Bitcoin’s price response.

The Bigger Picture

This correlation raises profound questions about Bitcoin’s relationship with traditional financial systems. While Bitcoin was created as an alternative to fiat currencies, its price action remains significantly influenced by fiat liquidity conditions – at least for now.

As Bitcoin continues to mature as an asset class, understanding these correlations becomes increasingly valuable for investors seeking to navigate its volatility successfully.

Q21 Perspective

At Q21 Capital, we closely monitor these macro liquidity cycles and their relationship with digital asset markets. Our quantitative approach incorporates liquidity indicators alongside numerous other signals to inform our trading strategies across both our ZeroBeta and PrudentBull funds.

By understanding these liquidity cycles and their historical correlation with Bitcoin’s price movements, we’re able to position our strategies advantageously regardless of market conditions. While others might see only volatility, our systematic approach allows us to identify the underlying patterns that drive market movements, helping us deliver consistent returns for our investors even during challenging market periods.

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