15/7/2024
We've seen another rise in Global liquidity over the past week, this time by $2.6 trillion.
This increase is attributed to the decline of the MOVE index and liquidity injections from China.
While many believe Trump is the sole reason for Bitcoin's rise, the liquidity data tells a different story.
After nearly three months, the 3-month Rate of Change has finally surpassed the 12-month RoC.
This crossover is a strong indication that risk-on assets are likely to benefit in the upcoming weeks.