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Chinese central bank liquidity injections and #Bitcoin

Chinese central bank liquidity injections and #Bitcoin

Feb 24, 2023 07:40 AM |
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tedtalksmacro
Tedtalksmacro @tedtalksmacro
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👁 24 ♥ 0 ↻ 0 💬 0 🕒 2023-02-24 07:40 ▦ Pictures
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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