How does the "CoinsKid Liquidity Dance" work?

The white line (liquidity dance) is inversely correlated to the Bitcoin price. This indicator is based on liquidity.
A sharp drop in the Liquidity Dance after a spike signals cash re-entering the system and encouraging investment.
This liquidity influx is seen as bullish for bitcoin & crypto, usually driving prices up.
There is a macro-level inverse correlation between the Liquidity Dance and the crypto markets.
*When you see the LD trending up expect a pullback in crypto.
*When you see the LD trending down expect a push up in crypto.
The Liquidity Dance chart content is Hidden

Trading View Indicator

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