M2 Money Supply says more gains ahead

in #bitcoin15 days ago

Hard to argue this...

The path of bitcoin seems to be very closely correlated to the path of the Global M2 Money Supply.

It just lags a few months, which makes sense.

Here's the charts:

image.png

(Source: https://x.com/cryptoskullx/status/1931807944686928031/photo/1)

If this continues bitcoin is going a lot higher this year.

Maybe even to $200k.

Here's to hoping!