Recent market observations suggest that Bitcoin may be acting as an early indicator of changes in global liquidity. While traders focus on price movements, this article explores the potential link between Bitcoin’s behavior and Federal Reserve actions. 4 key factors are analyzed: QT slowing down, RRP shrinking dramatically, reserve stress, and historically Bitcoin’s sensitivity to liquidity shifts. The author suggests that Bitcoin, as a highly sensitive indicator of liquidity trends, may even be leading the market before other asset classes react. This phenomenon was seen in the 2019 repo crisis when QE followed the contractionary phase, and it might repeat with the current QT halt and potential for a liquidity expansion. This article argues that understanding Bitcoin’s role as a liquidity barometer is crucial for navigating the dynamics of global financial markets.