MultiversX Tracker is Live!

BTC and global liquidity

Bitcoin Reddit

More / Bitcoin Reddit 17 Views

BTC and global liquidity

Reading the article published on → https://www.lynalden.com/bitcoin-a-global-liquidity-barometer/ ) got me thinking:

If Ray Dalio is right and we’re heading toward a near-term “decline” of the dollar, what would happen to BTC? Considering that Bitcoin has shown a strong long-term correlation with M2 and that since its creation we’ve been in a strong-dollar environment, how would BTC behave in a future where the dollar is “discredited” or losing credibility?

https://preview.redd.it/lx2032r2a2jg1.png?966&format=png&auto=webp&s=6ecc8013bab09f2b0ddb0f5f299ad7f8492ec7dd

submitted by /u/Beneficial_Leave_306
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.



Comments