The best leading indicator there is

in #bitcoin4 months ago

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!

Sort:  

"Love this post! 🚀💰 Global liquidity as a leading indicator for bitcoin is so fascinating. I totally agree that it makes sense, especially considering the chart you shared. 📈 What's your take on how this might play out in the market? Are we due for another significant spike in global liquidity and subsequent price surge for bitcoin? Let's discuss! 💬"

I also gave you a 76.76% upvote for the delegations you have made to us. Increase your delegations to get more valuable upvotes. Cheers! 🎉

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