#bitcoin #BTC

đŸ”„ Bitcoin is more undervalued than at any time in years — Bitwise

While $BTC is trading below $100k, global liquidity is exploding:

↗ US prints $1.9 trillion Treasury + $2000 stimulus checks

↗ Japan — $110 billion stimulus

↗ China — $1.4 trillion fiscal package

↗ Canada brings back QE

↗ 320+ rate cuts worldwide in 2 years

↗ Global M2 — new record $137 trillion

What about assets?

đŸ„‡ Gold is already +75% above its “fair” level relative to M2

🟧 Bitcoin — minus 66% from Bitwise model

- Model “fair” $BTC price = ~$270,000 (+194% potential)

Bitwise: “This is one of the biggest macro disconnects in Bitcoin history. Rotation from gold to BTC could be very powerful.”

Fidelity CEO Jurrien Timmer: “Bitcoin now looks like gold’s little brother, lagging a bit but fundamentally remaining on its power-law trajectory.”

2026 could be the year Bitcoin catches up and overtakes all this printed liquidity.