Global M2 and BTC correlation!
I have been writing many posts about this relationship on twitter, X and online.
THe correlation between the two are very close to 1:1 on a log chart.
Bitcoin is a genius made digital asset, that is finite, decentralized ( Unless Satoshi is from a government and the 1 Million genesis block is in gov hands )
The more money entering the financial market the higher Bitcoin prices will go!
THe correlation between the two are very close to 1:1 on a log chart.
Bitcoin is a genius made digital asset, that is finite, decentralized ( Unless Satoshi is from a government and the 1 Million genesis block is in gov hands )
The more money entering the financial market the higher Bitcoin prices will go!
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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.