The BIKENZO method

The index aggregates the money the world’s major central banks have put into the financial system, net of the drains that pull money back out — cash parked in reverse repo, balances sitting in government accounts instead of circulating. The inputs are converted to US dollars and combined into a single series, then expressed as a rate of change, because it is the change in liquidity — not its level — that relates to the change in the Bitcoin price.

It is a slow, structural number. It does not tick with the market, and it is not meant to.

Every input is public. The central-bank side draws on official balance-sheet series — sources such as the Federal Reserve, the European Central Bank and the Bank of Japan — retrieved through public data services. The Bitcoin side is BTC/USD from a real exchange order book, with daily history back to August 2011. Nothing on the screen is licensed from a chart vendor or copied from another terminal; the index is recomputed from the source data on our servers.

The exact composition — which balance sheets, which drains, how they are weighted — is BIKENZO’s work and is not published. We sell the line, not the recipe.

The underlying balance sheets publish weekly, some monthly; the currency conversion moves daily. The index is therefore not real-time, and we never claim it is.

When any input fails or lags, the terminal withholds the line rather than drawing it with an invented patch, and says so on screen. Where the public site shows a chart without live data, it is labeled illustrative. We do not fabricate a number to fill a gap — on a data product, that is the whole ballgame.

The index is context, not a signal. A historical relationship between liquidity and the Bitcoin price is not a forecast, and we make no claims about performance. BIKENZO does not give investment advice, does not publish recommendations, and does not predict prices — in any language, on any page. What you do with the line is entirely your decision.