US net liquidity continues to fizzle.
Recent week-over-week (ended July 26) action just released:
Approx. -$60.6B liquidity CONTRACTION
My opinion:
Difficult for risk assets and #bitcoin to materially rally while liquidity continues to contract.
I disagree
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With what?
The cash whales want you to think that liquidity drain nonsense so they can buy up BTC for cheap. Printer go brr 24/7.
