Heres the global liquidity index mapped against BTC and its past cycle data for reference.
Im sure you can spot the positive correlation it has.... When global liquidity increases, risk on assets such as BTC increase due to an influx of new liquidity in money markets.
We have been consolidating for 2 years in the global liquidity index in an ascending triangle. I am expecting it to push up, break out, retest similar to the prior cycle fractal and continue higher, in turn pushing money markets including BTC into ATHs