Liquidity lifts Bitcoin (BTC), but ‘halving cycle’ fears could limit rally in 2026, says Schwab
Bitcoin’s BTC$92,698.31 price continues to reflect a complex mix of macro trends and market-specific events heading into 2026. BTC is shaped by three long-term forces and seven short-term, according to Jim Ferraioli, director of crypto research and strategy at the Schwab Center for Financial Research. The long-term factors are global M2 money supply, bitcoin’s disinflationary...
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