I saw some fellas on the TL argue about whether BTC price leads Global liquidity, or if Global Liquidity leads Bitcoin price.



If you don't know what that is, the idea is simple, it's a chart showing the correlation between the amount of money available in the world for people to invest with, and the price level of Bitcoin.

As you can see below, when liquidity trends bullish, it's only a matter of time before Bitcoin's price follows.

Of course, there were also some guys who offset the dates a bit to show the correlation a bit better, which showed that M2 (Global liquidity) actually is in the lead.

And even though some argue that it's an oversimplified metric to use, you can't deny it's effectiveness at predicting that when M2 is up, it's only a matter of time before the market rallies

Also, right now, we have stablecoins making up 1.1% of the USD supply, which is a significant part of the capital ready to be poured into altcoins.

If anybody tries to shake your bullish stance on crypto telling you that we already had the top, show them this and say nothing else.
BTC1,82%
DON2,33%
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