Replying to Avatar Cyph3rp9nk

It's not even about investing, it's about understanding how the system works.

- Global liquidity m2 in vertical

- Waiting for the Fed rate cut.

The rest is noise, within a year the price of bitcoin will be more than double the current price.

No need to play buy and sell, just buy unfalsifiable assets and hold them.
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Cyph3rp9nk 1y ago

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Cyph3rp9nk 1y ago

Note added:

What is really important for bitcoin price to rise is M2 liquidity (blue color), we have had bull runs like 2017 where dollar liquidity (orange color) did not increase.

That said, I also expect that starting in September the liquidity of the dollar system will start to grow.

Why this happens (That has more importance the global m2 liquidity than the liquidity of the dollar system for the price of bitcon, being the dollar the world reserve currency) is something I do not know, the formula I use to measure the liquidity of the dollar is:

WALCL - (WDTGAL +RRPONTSYD)

Where:

WALCL = Total assets held by the Federal Reserve.

WDTGAL = general account of the U.S. Treasury

RPONTSYD: Overnight reverse repurchase agreements, which are Treasury securities sold by the Fed in temporary open market operations.

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