Subnostr

These days I'm seeing a lot of Bitcoin dip being chaulked up to global liquidity problems.

I happened to be looking back through some old notes from 2023 and came across this, explaining the pump at the time:

> - Liquidity Issues In The Global Financial System

> - UBS and maybe HSBC and Deutsche Bank are facing liquidity issues. when there are liquidity issues with banks, one possible reaction is the liquidity-immunity that self-custodied bitcoin provides.

I don't like the fact that "low liquidity" is sometimes used to explain pumps, sometimes used to explain dips. What am I missing?

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Discussion

❒ PictureRoom 10mo ago

I’ve got some thoughts here. Liquidity is something for sure to pay attention to

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Diacone Frost 10mo ago

EU will print for sure. US likely. China probably is already.

Uptober it is...

❒ PictureRoom 10mo ago

US likely? As likely as the sun rising tomorrow morning

vinney...axkl 10mo ago

I'm watching it right now

TK SuitCoin.exe 80HpW 10mo ago

Well i think it depends more on the factors that go into the reasoning/justifications for the low liquidity.

Is the market moving from equities to bonds like currently? Is the world moving from assets to cash in general. Both of these scenarios mean different outcomes for the " low liquidity"

vinney...axkl 10mo ago

good points! file this under the "i must be missing something" bucket :)

TK SuitCoin.exe 80HpW 10mo ago

I could still be as well. The macro shit is really fucking hard to grok. I feel no matter how many times I've heard it talked about it never fully "sinks" in a much as if like it to. Makes me wonder if this is because i don't really have to worry much about it too care or what.