PrivateKeyParanoia
## Why Bitcoin is Waiting for Genuine Risk Appetite to Activate in the Market
The paradox of the cryptocurrency market has become more evident. Despite the expansion of the money supply in the world's largest economies, Bitcoin continues to remain conservative in its movements. At first glance, this makes no sense: when the central banks of the USA, China, Japan, and the Eurozone simultaneously increase M2, risk assets should be soaring. However, BTC is still nearly 30% below its all-time highs.
## Liquidity Flows, but It Still Hasn't Reached Speculators
The global monetary base is at unpreced
The paradox of the cryptocurrency market has become more evident. Despite the expansion of the money supply in the world's largest economies, Bitcoin continues to remain conservative in its movements. At first glance, this makes no sense: when the central banks of the USA, China, Japan, and the Eurozone simultaneously increase M2, risk assets should be soaring. However, BTC is still nearly 30% below its all-time highs.
## Liquidity Flows, but It Still Hasn't Reached Speculators
The global monetary base is at unpreced
BTC-0,31%