Delphi Digital Outlook for 2026: Bitcoin Should Rise Amid Loose Liquidity Conditions

BlockBeats News, December 19, Delphi Digital pointed out in its 2026 market outlook report that the global macro environment is shifting from divergence to convergence, with major central banks turning to rate cuts and fiscal deficits driving up liquidity demand. As the Federal Reserve's quantitative tightening nears its end, the Treasury General Account may decline, and the People's Bank of China increases support, global liquidity is expected to improve by 2026. At the same time, the report also notes that the market may not receive as much liquidity as in 2020, but the conditions for a clearer and more predictable easing pace are already in place. Major central bank policies will begin to align, and deficit spending will drive greater debt monetization.

The report states that global M2 and gold prices have reached new highs, and central banks continue to purchase gold, indicating a continued trend of currency depreciation; historically, gold and liquidity indicators usually lead bitcoin, so assets like bitcoin are expected to benefit.