📈 Is Bitcoin a Liquidity Barometer? 🤔

According to Lyn Alden’s research, Bitcoin’s price moves in the same direction as global liquidity (M2 money supply) 83% of the time. In other words, when the money supply increases, Bitcoin also rises, and when it decreases, it falls. 💸

- ​​The research revealed that Bitcoin has a high correlation of 0.94% with global liquidity.

- This makes Bitcoin a valuable macroeconomic barometer for investors.

- M2 money supply started to increase in March 2024, which is a positive sign for Bitcoin.

How do you think Bitcoin will perform this year? Let’s meet in the comments! 🚀