#bitcoin #BTC

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

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

ā†—ļø US prints $1.9 trillion Treasury + $2000 stimulus checks

ā†—ļø Japan — $110 billion stimulus

ā†—ļø China — $1.4 trillion fiscal package

ā†—ļø Canada brings back QE

ā†—ļø 320+ rate cuts worldwide in 2 years

ā†—ļø Global M2 — new record $137 trillion

What about assets?

šŸ„‡ Gold is already +75% above its ā€œfairā€ level relative to M2

🟧 Bitcoin — minus 66% from Bitwise model

- Model ā€œfairā€ $BTC price = ~$270,000 (+194% potential)

Bitwise: ā€œThis is one of the biggest macro disconnects in Bitcoin history. Rotation from gold to BTC could be very powerful.ā€

Fidelity CEO Jurrien Timmer: ā€œBitcoin now looks like gold’s little brother, lagging a bit but fundamentally remaining on its power-law trajectory.ā€

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