This chart shows how Bitcoin’s price goes up when there’s more money (liquidity) in the global market.
■ What’s Happening:
● Blue Line: Tracks the amount of money (global liquidity) available worldwide.
● Green/Red Line: Shows Bitcoin's price over time.
■ Key Points:
● Breakouts (circled in red): When the blue line rises sharply, it shows more money entering the global economy.
● In 2016, after a breakout, Bitcoin’s price went up a lot.
● In 2020, another breakout happened, and Bitcoin’s price skyrocketed again.
● 2024: The chart predicts another breakout, which could mean Bitcoin’s price might surge again soon.
■ Simple Summary:
When more money flows into the global market (blue line), Bitcoin's price (green/red line) usually shoots up. The chart suggests that in 2024, there might be another big price increase for Bitcoin.
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