What global liquidity tells about Bitcoin’s future

Bitcoin’s future is tied closely to global liquidity. M2 liquidity, which includes cash, public equities, government treasuries, and bonds, offers a good measure of this. According to Two Prime’s Global Liquidity report, M2 liquidity trends help us understand Bitcoin’s price movements. Key contributors to M2 liquidity are US dollar liquidity, the People’s Bank of China

Source: Cryptopolitan