All the credits to Ostium labs insights. Found here
Intuition behind different indicators
NFCI - NATIONAL FINANCIAL CONDITIONS INDEX
Note y axis is inverted.
Rising NFCI here suggests loosening of financial conditions. Btc outperform in loose conditions.
DRTSCILM - NET % OF BANKS TIGHTENING LENDING STANDARDS
Note y axis is inverted.
This tracks changes in...
All credits to Ostium insights which can be found here
Intuition behind different indicators.
DXY and USDCNH
NOTE: The DXY and USDCNH are on an inverted scale
They are a proxy for the US dollar strength.
BTC suffers as dollar strengthens and vice versa.
Global Liquidity Index
Rising global liquidity and strength in bitcoin are highly correlated.
If we...
