I see people sharing the M2 Chart where it spikes super high, acting like $BTC can go to $250k-$400k in a month from now, with accompanying clickbait headlines.

The spike in the M2 chart is due to India's M2 data.

It's more likely it's a change in reporting method or some other error than not.

M2 doesn't go instantly vertical like that-- especially with that magnitude. That would be a 10x of India's money supply overnight.

There's very low odds that's a genuine change in actual supply.

That being said, Global M2 *is* heading up steeply and Bitcoin will likely surge because of it. But this was already the case before India's data spike.