Liquidity drives markets and therefore, liquidity drives the price of Bitcoin.
Don't believe me? The data does not lie, halving does not drive the price, it is global liquidity that also follows a 4 year cycle, in which both expansion and contraction occurs.
Liquidity exponentially expands, its the design of the system.
Looks accurate
seems more like the bitcoin price drives global liquidity from those pics.. 😉
The supply shrinkage has to impact the market and the price...and the amount of market participants with huge cash reserves.
