Fed Net Liquidity Z-Score • Trend Regime (30v150)
WALCL – TGA – RRP, normalized and z-scored (Δ365). BTC on top, liquidity Z on bottom. Background flips green when Z-30D > Z-150D (easing), red when not (tightening).
Zoom:
1m
3m
6m
YTD
1y
2y
4y
All
Fed Net Liquidity Z-Score • Trend Regime (30v150) is designed to track how U.S. Federal Reserve liquidity conditions influence Bitcoin’s macro cycle.
By combining key Fed balance sheet inputs — WALCL (assets) – TGA (Treasury cash balance) – RRP (reverse repos) — this chart produces a normalized, 365-day Z-Score to measure liquidity shifts over time.
The tool applies a 30-day moving average and a 150-day moving average to the Net Liquidity Z-Score, highlighting short-term momentum vs. longer-term regime trends.
When the 30DMA rises above the 150DMA, the background shades green to mark easing liquidity and a supportive environment for Bitcoin risk-on behavior.
When the 30DMA falls below the 150DMA, it shades red to signal tightening liquidity, often associated with headwinds for Bitcoin and broader risk assets.
This visualization offers traders and macro analysts a clear, data-driven framework to connect Fed liquidity cycles with Bitcoin’s price dynamics.