Bitcoin Lags While Global Liquidity and Equities Signal Ongoing Expansion

TLDR: Global liquidity continues rising, and equity markets remain aligned with historical liquidity-led cycles. Bitcoin pricing reflects elevated fear despite supportive macro and financial conditions. Financial conditions indices show easing, not stress, across rates, credit, and the dollar. The 2026 market debate centers entirely on the future direction of global liquidity.   Global liquidity Bitcoin [...]

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