Bitcoin liquidity disconnect. Photo by BeInCrypto Bitcoin is trading at $104,376 as of this writing, extending losses from the weekend after hitting highs of$111,190 on Friday and $111,250 by Sunday. The pullback comes even as global liquidity surges to levels unseen since the pandemic, with the US Federal Reserve injecting$125 billion into the banking system over the past five days and China’s money supply topping $47 trillion. More money is flooding the system, yet Bitcoin isn’t responding.$47 Trill ...