Liquidity Indicator Leads Bitcoin? 💥
In this chart, we observe a strong relationship between the M2 Global Liquidity Index, which is leading by 10 weeks, and the price of #Bitcoin on the daily timeframe.
🟢The red square indicates a pivotal point:
When global liquidity began to decline, Bitcoin's movement followed shortly after, reinforcing the hypothesis that liquidity plays a leading role in price movement.
🔁 And with the return of liquidity rising, we witnessed a stronger and more accelerated upward movement in Bitcoin's price.
✅ Global liquidity remains the hidden driver of #Bitcoin movements.
Watch the liquidity... and anticipate the upcoming trend! 👀
#BTC #Crypto #Technical_Analysis #Golden_Whale
#Ethereum
#Altcoins
#Blockchain
#DeFi
#Web3
#CryptoTrading
#NFTs
#MyCOSTrade #CUDISBinanceTGE #BlackRockETHPurchase #BinanceAlphaAlert #BinanceAlphaAlert $BTC