Why does $BTC pump with no news, or dump when the feed is full of hopium?
It's all about global liquidity.
$BTC responds 6.13% for every 1% move in liquidity—4.4x more sensitive than Nasdaq. Lags by ~14 weeks.
Right now? Liquidity is down -7.53% YoY. That's a headwind for price action for weeks to come.
Ignore the narratives. Watch the money supply.
It's all about global liquidity.
$BTC responds 6.13% for every 1% move in liquidity—4.4x more sensitive than Nasdaq. Lags by ~14 weeks.
Right now? Liquidity is down -7.53% YoY. That's a headwind for price action for weeks to come.
Ignore the narratives. Watch the money supply.
