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.
Still accumulating #bitcoin
Dumb question - so bitcoin has historically trailed GM2 by 10 weeks?
Not a dumb question.
Historically, there has been a lag, but it varies over time. Currently, it's about 10 weeks.
So what you're saying is....Uptober?!!
After Dumptember, we're pretty much set to get Uptober.
Act accordingly 🫡
Consider these charts as well. My chart (second photo, bottom chart) shows global liquidity (the white thin line) is still under price. A prerequisite for the bull run is a cross it seems but it’s getting closer so we should see movement soon. Makes sense considering the number of eco/political things underway.
These are in logarithmic scaling btw 
are you trying to tell me bitcoin might actually be a hedge against inflation? :P
💯 #Bitcoin won’t be on sale for much longer
This is awesome! Thanks for sharing!
I can see the moon in the distance.
Gold’s catching a bid today 🤔
Is there somewhere you can find this chart for more longterm time periods? Like the last decade?
I hope you’re right!
#Bitcoin Reappraisal
first higher low in 6 months...
crazy bullish chart. thanks!
The scaling on this chart is very suss
Jeff, is there a more zoomed out version of this? Thx
Ready to rock
I know I am oversimplifying things but this equation explains the phenomenon well:
∞ / 21 Million
Is there a version of this that goes before dec 23? Would be super interested
everyone is shouting 'bullish' right now, but don't we usually get a crash that precedes a dramatic expansion of the money supply? are we assuming this part will be skipped this time round? or are we thinking this will probably still happen, but recommending to buy for the mid-long term?
The quiet before the storm
Night is darkest before the dawn
Blink & you’ll miss it
Etc…
The last place I would like to be is short BTC
How does he know where M2 will be in 10 weeks?
As we know, correlation does not necessarily equal causation. But I hadn't seen this chart before, it'll be interesting to see where the price goes in the next few weeks...
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Is there a live chart that is updated with this info every so often? Looking to bookmark something like this
