BlockBeats news, on August 15, Real Vision analyst Jamie Coutts posted on the X platform that central banks are giving in, liquidity valves are opening, and Bitcoin is about to rise sharply. The Global Liquidity Momentum Composite Model (MSI) showed its first bullish signal since November 2023, after Bitcoin rose 75% between November and April, and then the signal turned bearish.
In the past month, the Bank of Japan and the People's Bank of China have added $400 billion and $97 billion, respectively; the global monetary aggregate (credit) has expanded by $1.2 trillion, and this growth has accelerated significantly with the help of a sharp drop in the US dollar. This shows that this is in coordination with the Fed's agreement. Compared to similar phases in previous cycles (which obviously won’t be identical): · 2017: Bitcoin is up 19x · 2020: Bitcoin is up 6x · 2024: estimated 2-3x · 2024: estimated 2-3x · 2020: Bitcoin is up 6x · 2024: estimated 2-3x · 2020: Bitcoin is up 6x · 2024: estimated 2-3x · 2020: Bitcoin is up 6x · 2024: estimated 2-3x · 2020: Bitcoin is up 6x · 2024: estimated 2-3x · 2020: Bitcoin is up 6x · 2020: Bitcoin is up 6x · 2024: estimated 2-3x · 2020: Bitcoin is up 6x · 2020: estimated 2-3 ...
