Bitcoin still has a long ways to go
Many people consider liquidity one of the most important factors when decided whether or not to invest.
Especially those investing millions and billions.
If they can't get out in a reasonable manner, it's often a deal breaker.
For this reason it makes sense to look at the global liquidity in some of the largest assets in the world:
(Source:
)https://twitter.com/serge_golubev/status/1281662259849199616/photo/1
- serge_golubev
As you can see bitcoin still has a long ways to go before it catches up to the big boys.
However, this can also be seen as a positive.
Can you imagine what the price might be when it is trading $20 billion per day like German Bonds, or $125 billion per day like gold?
I have a suspicion it will be a lot higher.