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Bitcoin is becoming increasingly correlated with Chinese stocks (which are entering a bull market)

Bitcoin is becoming increasingly correlated with Chinese stocks (which are entering a bull market)

Feb 22, 2023 04:32 AM |

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Tedtalksmacro @tedtalksmacro

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#Bitcoin is 6% away from @saylor’s breakeven price ($29,817)

Every #Bitcoin bull market has commenced with a spike in BTC dominance (as has every bear market).

#MtGox largest creditor will not sell it’s returned Bitcoin.

US dollar liquidity is on the rise so far in March (~+100bn inflows) Liquidity leads, price lags! #Bitcoin

~56MM in liquidations over the weekend thus far, while #Bitcoin has traded in a 2% range

#Bitcoin 'OI weighted funding' was last negative on the 12th Feb... a +15% move higher followed. It's happening again now