quotingI collaborated with Sam Callahan to analyze bitcoin’s correlation with global broad money supply.
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The result was that it had higher directional correlation to money supply than other asset classes, at 83%.
We also looked at indicators for when bitcoin is more likely to deviate from liquidity. In other words, what’s usually going on in that other 17%. The answer, generally, is that the asset is coming down after major periods of extreme sentiment.
You can check out the full report here:
https://www.lynalden.com/bitcoin-a-global-liquidity-barometer/
Wilhelm von Freiheitsberg on Nostr: That's pretty interesting! ...
That's pretty interesting!