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What Rising Liquidity Means for Bitcoin's Future

As global liquidity surges and the FED signals potential rate cuts, Bitcoin stands poised for a bullish shift. With historical trends favoring October and November, the momentum builds as MicroStrategy outperforms Nvidia, hinting at an exciting Q4 ahead.

What Rising Liquidity Means for Bitcoin's Future

💵 Welcome to the Bitcoin newsletter for long-term wealth creators.

📈 Bitcoin Price - 3 Months

Source: https://www.bitcoinmagazinepro.com/bitcoin-price-live/

🌡️ Bitcoin Temperature

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1: Extreme Fear - 5: Extreme Greed
Be greedy when there is fear in the market and fearful when there is greed.

This article explains how to use the Bitcoin temperature to make your Bitcoin investment decisions. The Bitcoin Temperature is now available on my website and updated every Wednesday.
Source: https://www.sandeepgoenka.com/btc-metrics/btc-temperature
Source: Source: https://www.sandeepgoenka.com/btc-metrics/btc-temperature

🥊 Bitcoin Vs Other Assets - 1 Year

Source: https://www.sandeepgoenka.com/btc-metrics/btc-vs-other-assets

🌊 ETF Flows

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ETFs saw an outflow of 5% last week.
Source: https://heyapollo.com/bitcoin-tracker/flows

🗞️ Bitcoin Bytes

  • The global liquidity is increasing. This is bullish for Bitcoin.
  • The rate cut probability by the FED in the next meeting by the market is at 100%.
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Interest rate cuts mean an increase in money supply. Historically, this has been bullish for Bitcoin.
Source: https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html
  • MicroStrategy has beaten Nvidia's stock performance. Michael Saylor predicts bitcoin could hit $13 million by 2045.
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His interview clip starts at 1:19.
  • Monthly historical returns of Bitcoin - September is the worst month, and October and November are the best.
  • October last year saw a ~30% price increase in Bitcoin after the summer correction. This year?
  • Distribution of Bitcoin Supply.

📊 Today's Poll

What’s Driving Bitcoin Next?

Last week's result: What aspect of Bitcoin excites you the most right now?

💬 Was It Useful?

With your feedback, I can improve this newsletter. Click on a link to vote:

👍 That helped me. Thanks - 😐 Meh - was ok. - 👎 Not interesting to me.

See you in the next block.
Sandeep Goenka

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