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The best leading indicator there is

lieutenantdan - 2024-08-21 21:14:24

Global Liquidity is the best bitcoin leading indicator there is


As the supply of money goes up, liquidity, the price of bitcoin and crypto goes up.


It makes sense right?!


Check out the chart:


image.png


(Source: https://x.com/QuintenFrancois/status/1825439169306399164/photo/1)


The idea is that we are on the verge of seeing a spike in global liquidity once again and when we do bitcoin will shoot up again.


Here's to hoping that is exactly the case!