Bitcoin Is The 'Last Functioning Smoke Alarm Of Liquidity,' Says Macro Analyst Luke Gromen - Stocktwits

Bitcoin Is The 'Last Functioning Smoke Alarm Of Liquidity,' Says Macro Analyst Luke Gromen - Stocktwits

Source: Stocktwits

DW NOTE

Gromen is arguing Bitcoin signals liquidity stress before traditional markets do. The argument breaks down when central banks are the largest liquidity providers and Bitcoin trades with precisely zero informational advantage over their balance sheet disclosures — which are published weekly and free.

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