TradingView
leandrosander_
Apr 1, 2023 8:51 PM

The more liquidity, the more fuel BTC has to go up Long

Bitcoin / TetherUSBinance

Description

â‹…
USDT has been gaining more and more MarketCap and this liquidity is clearly helping BTC to continue performing.

See that last move as the correlation is close.




A lot of USDT entering the market.

This means that it will be very difficult to stop BITCOIN.

As long as this liquidity is present in the market, BITCOIN will continue to capture it and continue its parabolic rise.

It's printed money that generates inflation being used to buy a deflationary asset, funny but it's real

You are taking advantage of the pullbacks to buy.

🔴Disclaimer: The comments above reflect solely and exclusively my opinion, this is not a recommendation to buy or sell. Just a series of published studies, so that together with the community we can discuss tactics and operational techniques.
More