Bitcoin vs Global M2 Liquidity
Been a while since I posted this chart, so here's an update.
If you're new: Global M2 shows the total money in circulation. More money printed = more fuel for assets like Bitcoin.
Historically, $BTC moves in sync with Global M2. It's not a perfect mirror, but the correlation is too clear to miss. When liquidity rises, Bitcoin follows.
Right now, both are trending higher. So, raise your targets, the wave is far from over.
Been a while since I posted this chart, so here's an update.
If you're new: Global M2 shows the total money in circulation. More money printed = more fuel for assets like Bitcoin.
Historically, $BTC moves in sync with Global M2. It's not a perfect mirror, but the correlation is too clear to miss. When liquidity rises, Bitcoin follows.
Right now, both are trending higher. So, raise your targets, the wave is far from over.