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.
The LD score usually populates daily at 1pm EST
The liquidity dance is not tracked over the weekend with the closure of traditional markets.
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This is not financial advice it is just an opinion! We are not experts! We do not guarantee a outcome we have no inside knowledge! Please do your own research and make your own decisions! This is just education & entertainment!