According to @rovercrc, the global money supply is breaking out toward all time highs and he views this as extremely bullish for Bitcoin (BTC) and the wider crypto market; source: https://twitter.com/rovercrc/status/1960040226727858522 Expansions in global liquidity have historically coincided with stronger performance in risk assets, as documented by the BIS Global Liquidity Indicators, which traders use to gauge cross border credit and money conditions; source: https://www.bis.org/statistics/gli.htm For trading, a sustained uptrend in global money supply and central bank liquidity supports a risk on backdrop for BTC, aligning with institutional research that links bitcoin returns to liquidity and real yields; source: https://www.fidelitydigitalassets.com/research Actionable takeaway: monitor global M2 and BIS liquidity indicators for confirmation of a pro liquidity regime before sizing BTC and large cap crypto exposure; source: https://www.bis.org/statistics/gli.htm