pull down to refresh

42 sats \ 1 reply \ @fiatbad 29 Sep \ parent \ on: Global Debt Hits $338 Trillion At Worst Possible Moment econ
US liquidity conditions have been negative for the past few months. Sure, if you remove the US numbers, global liquidity is positive lately. But sense the US is such a large portion of it, I think their negative liquidity move has probably caused a negative global liquidity move on average.
That negative trend is bottoming now, and will likely head higher from here. Bullish for Bitcoin, in USD terms.
write
preview
0 sats \ 0 replies \ @Undisciplined 29 Sep
I think global liquidity has continued rising but obviously the dollar is particularly important. Some of the weirdness might be due to the dollar trending against the global trend.
reply