BTC We know by now, that Bitcoin likes nothing more than global liquidity. The Global Liquidity Index gives a good overview of this. Far better than simply charting the M2 Money Supply which goes up only over time regardless. As you can see, the correlation between these two is extremely high. The Global Liquidity Index did hit a local top around the start of October which is also when BTC hit its local top & all time high. Since this week, it has been back on the ascend higher which, if continued, should help Bitcoin and other risk assets perform better than they have in the weeks prior.(Daan Crypto Trades)