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paulo 1y ago

The chart of BTC divided by M1 is really interesting. It shows you have BTC has been in a long period of consolidation since late 2017.

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zach 1y ago

What does it all mean, man??

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jpfrogmd 🏴‍☠️⚡️ 1y ago

Squiggles

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paulo 1y ago

Pretty much.

Just find it interesting how different M1 and M2 charts look.

Although to be fair, the bureaucrats changed the definition of M1 in 2020.

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jpfrogmd 🏴‍☠️⚡️ 1y ago

the politicians do enjoy moving the goalposts…

to a basketball court…

when it suits them 🤷‍♂️