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2025-03-12 21:33:22

vinney on Nostr: These days I'm seeing a lot of Bitcoin dip being chaulked up to global liquidity ...

These days I'm seeing a lot of Bitcoin dip being chaulked up to global liquidity problems.
I happened to be looking back through some old notes from 2023 and came across this, explaining the pump at the time:

> - Liquidity Issues In The Global Financial System
> - UBS and maybe HSBC and Deutsche Bank are facing liquidity issues. when there are liquidity issues with banks, one possible reaction is the liquidity-immunity that self-custodied bitcoin provides.

I don't like the fact that "low liquidity" is sometimes used to explain pumps, sometimes used to explain dips. What am I missing?
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npub19ma2w9dmk3kat0nt0k5dwuqzvmg3va9ezwup0zkakhpwv0vcwvcsg8axkl