Global M2 Money Supply vs Bitcoin
Comparison of 78-day offset to 108-day offset
Pick your flavor. There are pros and cons to each chart. I’m ok with either outcome if it results on the big move on the right flowing into BTC and crypto.
The 78-day offset has better long-term correlation (time frames over 1 year), and it seems to be tracking better in the past 10 days or so, if we truly are mid the "blast off zone" already.
The 108-day offset looks better visually to me overall, and the 108-day has better correlation with time frames up to 1 year, but slightly worse correlation on time frames over 1 year.
We will know soon which we're in, if BTC starts steeply moving up, sooner than later.
imo it's best to focus on the big picture. Assuming the correlation plays out, we'll be good regardless of a few weeks difference.
Regardless of which it is, I find the global M2 extremely exciting to watch and it continues to give me hope.
What do you think? Do you think we're already in the middle of the "Blast-off" zone (as in the 78-day offset)? Or do you think we have a little while to wait (as in the 108-day offset)?
Notes:
Why'd I pick 78 and not 76, 77, 79, 80, 84, etc? Because it was the best mathematical correlation.
Watch the video below to learn more.
