As nostr:npub1a2cww4kn9wqte4ry70vyfwqyqvpswksna27rtxd8vty6c74era8sdcw83a pointed out, #Bitcoin is heavily correlated to global M2 money supply.

In the near term nobody knows what #Bitcoin does.

In the long run M2 has to increase to keep the debt based fiat system alive. Even the the Congressional Budget Office predicts US public debt to rise by $5.2 bn every day the next 10 years.