Global liquidity is still high, but why isn’t the market bullish yet?
Global liquidity stands at $143.7 trillion, but its growth has slowed sharply to 2.9%. Meanwhile, U.S. excess liquidity remains negative.
This means the money supply is still growing, but not strongly enough to drive risk assets like Bitcoin and altcoins higher.
Is this a sign that the market will come under pressure again toward the end of the year, or is it an accumulation opportunity?
What do you think?
Global liquidity stands at $143.7 trillion, but its growth has slowed sharply to 2.9%. Meanwhile, U.S. excess liquidity remains negative.
This means the money supply is still growing, but not strongly enough to drive risk assets like Bitcoin and altcoins higher.
Is this a sign that the market will come under pressure again toward the end of the year, or is it an accumulation opportunity?
What do you think?