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M2-BTC Correlation (Offset 12 Weeks)

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M2-BTC Correlation (Offset 12 Weeks)
This indicator shows the correlation between global M2 money supply (e.g., FRED:WM2NS) and the Bitcoin price with a 12-week time offset. It also plots normalized BTC and M2 values to visualize trend alignment and potential turning points.
Perfect for analyzing macroeconomic influences and identifying early signals of market reversals.

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