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2024-09-13 12:39:11

TheBitcoinBattery on Nostr: As we know, correlation does not necessarily equal causation. But I hadn't seen this ...

As we know, correlation does not necessarily equal causation. But I hadn't seen this chart before, it'll be interesting to see where the price goes in the next few weeks...
A fantastic chart from Julian Bittel of #RealVision showing Global M2 (with a ten-week lead) and the price of #bitcoin in US dollar terms.

Like me, Julian believes that we are in the final days and weeks of accumulating bitcoin at relatively dirt-cheap prices.

You do you... but I think it is unwise to keep sitting on the sidelines during a global M2 bull market.

As you and I know, #Bitcoin is the Great Absorber of Liquidity.

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