Bitcoin's correlation with global liquidity reaches its lowest levels in a decade.



Bitcoin's historical relationship with the global money supply is now at one of its greatest deviations in over ten years, according to new data from ‎@Andre_Dragosch.

The chart measures Bitcoin and gold against global liquidity using a z-score model, with current readings falling below the -2 standard deviation range, a level that rarely persists historically.

Either the long-term correlation between Bitcoin and global liquidity has completely broken down, or this is one of the most compressed moments in market history, with a high likelihood of a sharp rebound toward the mean.
$BTC
BTC-1.16%
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