Is the Liquidity Index Leading Bitcoin? 💥
In this chart, we observe a strong relationship between the Global Liquidity Index (M2 Global Liquidity Index) which is leading by 10 weeks, and the price of #Bitcoin on the daily timeframe.
🟢The red box indicates a pivotal point:
When global liquidity began to decline, Bitcoin's movement followed shortly thereafter, strengthening the hypothesis that liquidity plays a leading role in price movement.
🔁 With the return of liquidity to an upward trend, we witnessed a stronger and more accelerated rise in Bitcoin's price.
✅ Global liquidity remains the hidden driver of #Bitcoin movements.
Watch the liquidity… and anticipate the next trend! 👀
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