Divergence Between Bitcoin and Bitcoin priced against M2
Just a Theory that bitcoin price should push higher depending on how fast M2 increases. I'm thinking bitcoin goes 54% higher than it normally would have give or take a couple percentage points. And that percentage isn't even set in stone, the number could be lower or way higher by the end of the market cycle. I'm thinking the top could be anywhere in between 200-350k for bitcoin.
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.