Global Net Liquidity Correlation with #Bitcoin
The main factor in liquidity growth was the infusion from China (PRC - money supply M2 = +10.3%). There is also some optimism that Western countries will move to lower key rates in 2024.
💡The majority would probably like countries to start printing money in large quantities in a short period, like in 2021, and their assets to grow. Instead, I think that we are in for restrained growth in liquidity and with it the market's crypto.↗️
The main factor in liquidity growth was the infusion from China (PRC - money supply M2 = +10.3%). There is also some optimism that Western countries will move to lower key rates in 2024.
💡The majority would probably like countries to start printing money in large quantities in a short period, like in 2021, and their assets to grow. Instead, I think that we are in for restrained growth in liquidity and with it the market's crypto.↗️
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💰Free Channel t.me/FeelsStrategy
🤵For more info contact t.me/VolodymyrFeels
🤵For more info contact t.me/VolodymyrFeels
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.