Ever since around 2013/2014, bitcoin’s price has closely followed the rate of change in the growth of global broad money supply (M2) in USD terms.
In other words, from the perspective of macro inve...
We know global liquidity will keep going up in the long run to keep the fiat ponzi alive. If you have money in tbills or a money market fund you are printing money right now. Stimulus for the rich. At some point this could override the decrease in private lending.