You may have noticed an enormous, retroactive spike in Global M2 chart data. (see chart 1)

TL;DR: The massive pump in Global M2 remains solid, and with BTC's climb over $95k recently, we are more on track than ever.

To figure out what was caused this Global M2 chart spike, I went one-by-one through all the countries that make up the Global M2 data and discovered this spike was caused by a change to a single country's M2 data— India, specifically. Every other country appears normal. India is the only country that has this glitch/change to its M2.

I'm not sure if it is a TradingView bug (or their data source) or a change that India made specifically to the calculation of their M2. I can't find much data on this being some kind of official change, which suggests it could be a data bug of some kind.

I was, however, able to corroborate this change of India's M2 reporting outside of TradingView (see chart 2). It is possible that site uses the same erroneous data source, so I am not jumping to a conclusion about the M2 spike's legitimacy just yet.

Upon casual observation it looks like India M2 increased by about 10x— almost a perfect 10x, kind of like the decimal place was just moved right by 1, which seems suspicious in itself.

Quick fix: I removed India from the Global M2 group, until we learn more about why India's M2 changed so drastically. (see chart 3 for the corrected M2 chart with India's M2 data removed)

The blast-off is still a GO! 🚀📈