The most important #macro data... by far.
Global M2 -- the creation and flow of liquidity to the private sector -- is the primary driver of asset prices over time.
And #bitcoin -- as everyone should know by now -- is the Great Absorber of Liquidity.
Understand this and you will do well.
The only takeaway I see in this chart is that the Bullcrap is gone! Dr. Bull is full steam ahead!!
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Accurate.
