According to @GracyBitget, Bitcoin’s price is now primarily driven by U.S. liquidity and Wall Street-led ETF inflows, while non-U.S. capital has tilted toward gold and equities, consistent with 2025 strength in gold, AI-related U.S. stocks, and China’s equity index, source: Gracy Chen on X, Nov 10, 2025, and Forbes, Nov 8, 2025. She highlights two potential catalysts for a new BTC bull leg: an end to the U.S. government shutdown around Nov 14 based on Polymarket odds, which could restart fiscal outlays and ease liquidity, and a December Federal Reserve shift that halts QT and begins rate cuts, source: Gracy Chen on X, Nov 10, 2025, and the Polymarket prediction market cited by Chen. Under these conditions, she reiterates a projection that BTC could make a run at new all-time highs with a path toward 150K after policy easing, noting her earlier 130K–200K scenario as contingent on liquidity returning, source: Gracy Chen on X, Nov 10, 2025. Trading takeaway: track daily U.S. spot BTC ETF net flows, shutdown resolution odds, FOMC signals on QT and cuts, and cross-asset flows into gold and AI equities to time BTC beta exposure, source: Gracy Chen on X, Nov 10, 2025, and Forbes, Nov 8, 2025.