Want to know why $BTC went more parabolic during the 2020 cycle?


Simple, the answer is liquidity.
Post-COVID shutdown, central banks around the world was pouring massive liquidity to ignite the economy again.
Hence, we can see massive spike in global M2.
Whereas during 2022-2026, The Fed played a big role in global liquidity tightening through their rate hiking cycle.
That's why we saw a lot of chops along the way, like the notorious 2024 summer sideways.
So, make sure to pay attention to global liquidity for a risk-on sentiment.
BTC2.29%
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