orioldc on Nostr: I plotted a new regression line with "total market liquidity" which includes the sum ...
I plotted a new regression line with "total market liquidity" which includes the sum of Fed assets, ECB and BoJ assets minus RRPONTSYD and WTREGEN. The resulting regression has a much better fit than just Fed assets. #Bitcoin
Based on this regression we would see a #Bitcoin price of over $100k with total market liquidity of over $26M of millions of USD. As of March this metric sits at $19.75M of MUSD whilst the historical maximum was $23.25M in September 2021 (2months before the historical #BTC ATH)
Published at
2023-04-17 13:16:41Event JSON
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"content": "I plotted a new regression line with \"total market liquidity\" which includes the sum of Fed assets, ECB and BoJ assets minus RRPONTSYD and WTREGEN. The resulting regression has a much better fit than just Fed assets. #Bitcoin \n\nBased on this regression we would see a #Bitcoin price of over $100k with total market liquidity of over $26M of millions of USD. As of March this metric sits at $19.75M of MUSD whilst the historical maximum was $23.25M in September 2021 (2months before the historical #BTC ATH) https://nostr.build/i/nostr.build_716a56a6269533097d8407585af8291f3dea891d36097df1587ab1fb55c8d590.jpeg",
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