CarlBMenger on Nostr: The decoupling of #Bitcoin from global liquidity* (yellow line) is insanely bullish. ...
The decoupling of #Bitcoin from global liquidity* (yellow line) is insanely bullish.
In other words, central banks haven't even started their money printing and #Bitcoin is still close to the ATH.
———————
*The Global Liquidity Index offers a consolidated view of all major central bank balance sheets from around the world.
Global Liquidity Index = Federal Reserve System (FED) - Treasury General Account (TGA) - Reverse Repurchase Agreements (RRP) + European Central Bank (ECB) + People's Bank of China (PBC) + Bank of Japan (BOJ) + Bank of England (BOE) + Bank of Canada (BOC) + Reserve Bank of Australia (RBA) + Reserve Bank of India (RBI) + Swiss National Bank (SNB) + Central Bank of the Russian Federation (CBR) + Central Bank of Brazil (BCB) + Bank of Korea (BOK) + Reserve Bank of New Zealand (RBNZ) + Sweden's Central Bank (Riksbank) + Central Bank of Malaysia (BNM).
Published at
2024-09-02 11:33:38Event JSON
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"content": "The decoupling of #Bitcoin from global liquidity* (yellow line) is insanely bullish. \n\nIn other words, central banks haven't even started their money printing and #Bitcoin is still close to the ATH.\n———————\n*The Global Liquidity Index offers a consolidated view of all major central bank balance sheets from around the world.\n\nGlobal Liquidity Index = Federal Reserve System (FED) - Treasury General Account (TGA) - Reverse Repurchase Agreements (RRP) + European Central Bank (ECB) + People's Bank of China (PBC) + Bank of Japan (BOJ) + Bank of England (BOE) + Bank of Canada (BOC) + Reserve Bank of Australia (RBA) + Reserve Bank of India (RBI) + Swiss National Bank (SNB) + Central Bank of the Russian Federation (CBR) + Central Bank of Brazil (BCB) + Bank of Korea (BOK) + Reserve Bank of New Zealand (RBNZ) + Sweden's Central Bank (Riksbank) + Central Bank of Malaysia (BNM). https://image.nostr.build/15b2903b414099f7f8c73c35bfa8d0ae72b4e42c549230f3583291e1dcab2c94.jpg ",
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