In the second half of '24, the bullrun is coming!
https://www.tradingview.com/chart/MvtKmvyy/
The chart above brings together the total market cap over the past two years and global liquidity. For reference, global liquidity was based on M2
*M2 means M1 + short term deposit(contract deposit, small MMA, etc.), all cashable assets that can be immediately cashed in, and is a representative macroeconomic indicator associated with inflation
Eventually, when money is printed on the market, it will flow into coins, which are risky assets, and then the total coin market cap will naturally increase. In fact, when liquidity surged in the second quarter of the year, the coin market cap, which had been disturbed by the FTX crisis, also surged afterwards. As liquidity increased in the second quarter of the year, the coin market was able to increase once again
Although there is a boring sideways trend right now, the coin market cap is expected to increase again as in the '22.4Q and the '23.Q' when interest rate cuts are expected
The chart above brings together the total market cap over the past two years and global liquidity. For reference, global liquidity was based on M2
*M2 means M1 + short term deposit(contract deposit, small MMA, etc.), all cashable assets that can be immediately cashed in, and is a representative macroeconomic indicator associated with inflation
Eventually, when money is printed on the market, it will flow into coins, which are risky assets, and then the total coin market cap will naturally increase. In fact, when liquidity surged in the second quarter of the year, the coin market cap, which had been disturbed by the FTX crisis, also surged afterwards. As liquidity increased in the second quarter of the year, the coin market was able to increase once again
Although there is a boring sideways trend right now, the coin market cap is expected to increase again as in the '22.4Q and the '23.Q' when interest rate cuts are expected
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