Some analysts believe that the bitcoin price could surpass the $135,000 mark by the third quarter of 2025 if the U.S. Treasury Department continues to inject liquidity into the economy through the TGA account. The TGA account is a U.S. Treasury account. Although the reduction of its balance is not formally the so-called quantitative easing (QE), it has a similar effect, as additional liquidity is injected into the economy. Since February, $500 billion has been injected in this way, raising total liquidity to $6.3 trillion.Historically, bitcoin has shown a high correlation to global liquidity and current conditions may favor its growth. However, the temporary elimination of tariffs and lower Treasury yields are also playing a role, increasing bitcoin's attractiveness as an asset to invest in an uncertain environment.