Illya Gerasymchuk
Entrepreneur / Engineer
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 it's 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 - that's why you see the stock market going up first
the same for risky assets