According to recent chart, the U.S. financial environment is now at its loosest since early 2022, creating an ideal macro backdrop for Bitcoin.
Data from the National Financial Conditions Index (NFCI) shows liquidity levels at their strongest point in over two years — before the Fed began its aggressive rate hike cycle.
Historically, BTC has performed best in periods of loose financial conditions, when access to capital and risk appetite are higher.
“That’s a strong macro setup for Bitcoin,” Ecoinometrics stated.
The chart highlights key turning points:
- Top of the previous bull market in 2021 occurred during peak liquidity.
- Bear market bottom followed tightening conditions in 2022–2023.
Now, with two years of easing, the environment closely resembles the early stages of past bull runs.
Ecoinometrics suggests this trend could support further Bitcoin price expansion if liquidity continues improving.
Source: https://coindoo.com/bitcoin-gets-boost-from-loosest-u-s-financial-conditions-since-2022/