Bitcoin/Money Supply (M2) - 12 Month Chart
This appears to support the floor being set in Q4 2022. Bitcoin is repeating the general corrective fractal of past cycles.
But it looks top-heavy. The macro looks messy. We need big adoption this cycle to invalidate diminished returns.
This appears to support the floor being set in Q4 2022. Bitcoin is repeating the general corrective fractal of past cycles.
But it looks top-heavy. The macro looks messy. We need big adoption this cycle to invalidate diminished returns.
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