Joao Wedson
Bitcoin bull markets were stronger in the past because they coincided with periods when a larger share of global liquidity was being driven directly by central banks rather than by M2 expansion.
Today, Global M2 is rising, while central bank liquidity is not following the same trend. This weakens the speed at which money circulates through economies and reaches retail investors.
Bitcoin bull markets were stronger in the past because they coincided with periods when a larger share of global liquidity was being driven directly by central banks rather than by M2 expansion.
Today, Global M2 is rising, while central bank liquidity is not following the same trend. This weakens the speed at which money circulates through economies and reaches retail investors.