check the correlation between FED swap line volumes and Bitcoin price large spikes in swap volume trigger an uptrend in Bitcoin understanding these global liquidity flows helps to visualize them as a part of the larger system and understand where itβs likely to move next
new currency in circulation is just one of the side-effects and that transition is neither direct, nor instant before these funds effectively become new currency, they flow into financial markets - thatβs why you see the stock market going up first the same for risky assets