Barry42 on Nostr: The Fed's balance sheet has shrunk to the level of May 2020; At that time, the price ...
The Fed's balance sheet has shrunk to the level of May 2020;
At that time, the price of BTC was 8400~8500, and now the price of BTC is 84000~85000...10 times that of 5 years ago!
The last liquidity added during this period was the money supply of the US dollar, about M2.
Doesn't this prove that the long-term trend of BTC is actually not related to the expansion and contraction of the balance sheet?
Is it the monetary overview that requires real long-term effects?
Published at
2025-03-22 01:59:17Event JSON
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"content": "The Fed's balance sheet has shrunk to the level of May 2020;\n\nAt that time, the price of BTC was 8400~8500, and now the price of BTC is 84000~85000...10 times that of 5 years ago!\n\nThe last liquidity added during this period was the money supply of the US dollar, about M2.\n\nDoesn't this prove that the long-term trend of BTC is actually not related to the expansion and contraction of the balance sheet?\n\nIs it the monetary overview that requires real long-term effects?\nhttps://m.primal.net/PoaH.jpg",
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