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📊 Lark Davis noticed the Fed's balance sheet chart – the situation is similar to October 2019, when Bitcoin began to rise rapidly
Currently, the MACD indicator is giving a bullish signal for a trend reversal (golden cross). The Fed has turned on the printing press, and BTC historically follows liquidity with a lag of several months. When more money enters the system, it traditionally flows into crypto.
#BTC #Bitcoin $BTC
{spot}(BTCUSDT)