🌶 Found a Perfect Correlation — Bitcoin & GMI Liquidity Index
- What is GMT Liquidity Index? Briefly speaking, it offers a consolidated view of all major central bank balance sheets from around the world.
❗️This index is highly valuable because it provides data 12 weeks ahead of time, giving analysts insight into potential future trends.
As you can see from the image, both charts are highly correlated: at the beginning of 2024 the index start growing alongside with Bitcoin, then entered a chop for the recent 6 months.
Now the GMT Liquidity Index is signaling a GROWTH that should start from October 2024. Bitcoin should follow it, as it perfectly did during the whole 2024.
- What is GMT Liquidity Index? Briefly speaking, it offers a consolidated view of all major central bank balance sheets from around the world.
❗️This index is highly valuable because it provides data 12 weeks ahead of time, giving analysts insight into potential future trends.
As you can see from the image, both charts are highly correlated: at the beginning of 2024 the index start growing alongside with Bitcoin, then entered a chop for the recent 6 months.
Now the GMT Liquidity Index is signaling a GROWTH that should start from October 2024. Bitcoin should follow it, as it perfectly did during the whole 2024.