A fantastic chart from Julian Bittel of #RealVision showing Global M2 (with a ten-week lead) and the price of #bitcoin in US dollar terms.
Like me, Julian believes that we are in the final days and weeks of accumulating bitcoin at relatively dirt-cheap prices.
You do you... but I think it is unwise to keep sitting on the sidelines during a global M2 bull market.
As you and I know, #Bitcoin is the Great Absorber of Liquidity.
How does he know where M2 will be in 10 weeks?
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😄 he doesn't, but bitcoin does)
We don't, but we know what it is now and what it has been and it appears Bitcoin's price is following the pattern of the M2 but 10 weeks behind it.
Ya I don’t get that either
the time axis is for bitcoin, i guess.
