͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏ ͏

TBL Pro is 40% OFF Through Christmas.

Get the full research, live liquidity signals, and institutional grade insights that keep you positioned before the market moves.

Augustine Carrasco

Dec 15

Dear Readers,

Thanks for being subscribed to The Bitcoin Layer. We want to show you everything we have built this year for our TBL Pro members, and give you the chance to get full access at a 40% discount on annual subscriptions through Christmas.

Redeem Discount

Here is what you can unlock with a Pro upgrade:

1) A Liquidity-Driven Framework That Helps You Gauge Risk-Asset Movements

Our TBL Liquidity Indicator, derived from our TBL Liquidity Index, helps us detect local peaks and troughs in risk assets (stocks and bitcoin) through short-term liquidity waves:

How do we compare with other liquidity-based frameworks out there?

2) A Brand-New Live Research Dashboard

Live tracking of TBL Liquidity Metrics
More than 30 live macroeconomic charts that drive our analyses every week
Our liquidity-driven 6-month forecast for risk assets

3) Continuous Intelligence

☑️ Bi-Weekly Risk Report
Our flagship risk intelligence report, where we combine all of our research into one actionable product for TBL Pros.
☑️ Deep-Dive Research & Flash Updates
Actionable analysis on TBL Liquidity, US rates, money markets, and macro trends, plus concise, time-sensitive briefs that keep you instantly informed on major economic events as they unfold.
☑️ Trader Notes & Bi-Weekly Bitcoin Market Report
Exclusive access to Nik’s technical market breakdowns, plus a dedicated look at Bitcoin’s price action supported by on-chain analytics and market institutional-structure reads.

🎁 Bonus Content:

Monthly Q&As with Nik Bhatia and other macro guests
Daily charts and analysis in our Substack chat

From December 10th - 25th, you can become a Pro subscriber and unlock full access to our research and live liquidity signals for 40% off an annual subscription:

Redeem Discount

Happy Holidays,
The Bitcoin Layer Team