Bitcoin’s Bullish Seasonality Muddled by Continued Slide in ‘USD Liquidity Index’

September 30, 2022 boss

Since 2021, major bitcoin price tops and bottoms have coincided with local peaks and troughs in the dollar liquidity index, as Arthur Hayes, co-founder and former CEO of crypto spot and derivatives exchange BitMEX, detailed in the Aug. 23 blog post while calling bitcoin, “a high powered measure of USD liquidity.”

Original

Spread the love

Related posts

• 

  December 26, 2024 boss 0

  Who Profited During Bitcoin’s $100,000 Surge? Analyst Breaks Down the Data

  Bitcoin ongoing price movement has sparked intense analysis as it continues to hover below the $100,000...

  News Other Crypto News 

• 

  December 26, 2024 boss 0

  Bitcoin’s X popularity grew 65% YoY in 2024

  X user published over 140 million tweets mentioning Bitcoin on Elon Musk’s social media network. Crypto...

  Bitcoin News News 

• 

  December 26, 2024 boss 0

  Bitcoin’s mining supply slipped below the 1.19m threshold on the brink of wider adoption

  The year 2024 has been filled with major milestones for Bitcoin, from reaching new all-time highs...

  Bitcoin News News