Bitcoin’s trajectory in 2025 depends on dollar liquidity conditions and investor sentiment surrounding policy execution. The Federal Reserve’s Reverse Repo Facility decline in 2022 correlated with Bitcoin’s recovery and market expansion. As 2025 begins, Bitcoin’s trajectory remains tied to the shifting tides of dollar liquidity. The cryptocurrency market, much like the backcountry ski terrain in Hokkaido, depends on adequate coverage before investors feel safe to…
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