mpani.base.eth
@mpani
**Major proxies (predictors) of BTC price (more than short/long ratio, Mayer Multiple, or Pi Top Cycle):** 1) **Global Liquidity (more monetary base) ≈ direct proportion** 2) **BTCs on exchanges ≈ inverse relationship** More people doing self-custody and more corporate custody (MSTR, ETFs...) means less BTC available on the market. More liquidity means more fiat in the world.
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