It seems that the BTC price mimics the movement of the global money supply (M2) with a lag of several weeks (around 80–90 days).
With the current M2 top, and assuming BTC truly follows M2, the BTC price could reach around $133K.
If M2 makes a new top, BTC could surpass $133K.
With the current M2 top, and assuming BTC truly follows M2, the BTC price could reach around $133K.
If M2 makes a new top, BTC could surpass $133K.
Note
M2 makes new top
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.