2026-01-07 21:29:35

History Repeats: Macro Liquidity Cycle Returns

The 2019–2020 playbook is unfolding again. Back then, the market sequence was textbook:

Quantitative Tightening (QT) wound down → Government intervention kicked in through T-bill buybacks → Market liquidity pressure eased → Quantitative Easing (QE) launched.

What happened next was brutal expansion. Bitcoin didn't sit around—it surged hard.

Fast forward to now. The same dominoes are lining up once more. QT is cooling off, policy support mechanisms are activating, and liquidity is starting to flow back into the system. If history rhymes as it often does in crypto markets, we could be looking at another expansion cycle setting up. The macro ingredients? They're there. The question is whether Bitcoin follows the same playbook.

BTC0,23%

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ForkLibertarian

· 01-10 21:28

That wave in 2019 is how I got cut, and now it's happening again? Come on, will this liquidity rebound definitely boost Bitcoin? Don't treat history like a crystal ball.

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On-ChainDiver

· 01-07 23:19

I didn't bottom out during the 2019 wave, and this time I refuse to believe history will repeat itself... But looking at this macro combination, liquidity is indeed warming up, which is a bit uncomfortable.

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GasFeeTherapist

· 01-07 21:59

Coming back with this again? We've seen the scripts from 19-20, but can it really be replicated this time... Liquidity needs to truly return before we can talk.

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BearMarketSurvivor

· 01-07 21:57

In 2019, I fully bought the dip, and now you're doing it again? To be honest, I've heard the story of liquidity returning several times already, but it all depends on whether real money is actually coming in...

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MerkleTreeHugger

· 01-07 21:53

Did I make this much profit during the 19-20 wave? Now you're doing it again? Isn't it a bit too obvious?

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BearMarketSurvivor

· 01-07 21:48

The idea that history repeats itself has been heard too many times; the key is whether the policy implementation is truly effective. I survived the 2019 wave, and this time it depends on whether the position management is ruthless enough.

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CounterIndicator

· 01-07 21:41

I saw that wave in 2019 very clearly; BTC took off within that rhythm... Now it feels like it's repeating again? Whether liquidity is returning or not, we have to wait and see—don't let it be another false hope.

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