So when we look just at the Global M2 money supply, we can see its increasing and sharply.
However, when you look at BTC, BTC is lagging behind, and the increase in M2 Global supply has yet to have an effect on BTC where we would expect to see a price increase as M2 money supply increases.
If you compare the M2 Global money supply against S&P500 though, it tells us a different story, where the S&P is leading and BTC is lagging.
Signalling to me a catch up in BTC is inevitable at this stage and its being squeezed at these levels as money flow increases.
A good signs imo and no doubt BTC catches up to S&P500
However, when you look at BTC, BTC is lagging behind, and the increase in M2 Global supply has yet to have an effect on BTC where we would expect to see a price increase as M2 money supply increases.
If you compare the M2 Global money supply against S&P500 though, it tells us a different story, where the S&P is leading and BTC is lagging.
Signalling to me a catch up in BTC is inevitable at this stage and its being squeezed at these levels as money flow increases.
A good signs imo and no doubt BTC catches up to S&P500
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