#Bitcoin 🆚 M2
💸 M2 is the total money supply, including cash, bank deposits, and liquid assets. When M2 rises, more liquidity enters the market, often flowing into risk assets like #BTC and stocks - but with a 2-3 month lag as you can see on the Weekly tf. 👀
🔙 At the end of January, M2 broke its downward structure for the fourth time in this cycle and is rapidly gaining momentum, while BTC, as usual, lags behind and forms new lows. 📉
✅ This chart is yet another positive signal adding to our overall case for the continuation of this rally. 🔜🚀🤞
💸 M2 is the total money supply, including cash, bank deposits, and liquid assets. When M2 rises, more liquidity enters the market, often flowing into risk assets like #BTC and stocks - but with a 2-3 month lag as you can see on the Weekly tf. 👀
🔙 At the end of January, M2 broke its downward structure for the fourth time in this cycle and is rapidly gaining momentum, while BTC, as usual, lags behind and forms new lows. 📉
✅ This chart is yet another positive signal adding to our overall case for the continuation of this rally. 🔜🚀🤞
Disclaimer
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.
Disclaimer
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.