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This is just an expected drawdown related to global M2 declining from late September 2024 through mid-January 2025. M2 has since been moving higher (primarily because of a weakening US dollar).

With an expected 8-12 week delay, I expect bitcoin to start rising again in earnest in the coming 1-5 weeks. Hopefully new ATHs by the end of May 2025.
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Jay Pow Pow 9mo ago 💬 2

So that's why you said mid March? You think that's when the M2 lag in the rope disappears?

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less 9mo ago 💬 1

Yes.

If the 8-12 week historical lag holds true, then we should see a local bottom in bitcoin price sometime between mid-March and mid-April.

From there, it's upward and onward.

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Jay Pow Pow 9mo ago 💬 1

Thanks bossman

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less 9mo ago

🤝

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MNMeschke 9mo ago

Im interested in discussing what you have decided is a good percentage change, or rate of change, or other metric of the M2 to justify that a top or bottom is in for BTC?