Bitman on Nostr: Over $131 billion in liquidity injections from China last Wednesday, and Bitcoin ...
Over $131 billion in liquidity injections from China last Wednesday, and Bitcoin reaching $68,500.
These events may seem like a coincidence, but they are not.
Bitcoin acts as a liquidity sponge and is highly correlated with global monetary flows.
Those without detailed tracking will hardly be able to see the “big picture.”
Published at
2024-10-18 15:21:55Event JSON
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"created_at": 1729264915,
"kind": 1,
"tags": [],
"content": "Over $131 billion in liquidity injections from China last Wednesday, and Bitcoin reaching $68,500.\n\nThese events may seem like a coincidence, but they are not.\n\nBitcoin acts as a liquidity sponge and is highly correlated with global monetary flows.\n\nThose without detailed tracking will hardly be able to see the “big picture.”\nhttps://m.primal.net/LZyC.png",
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