This chart shows a clear correlation between Global M2 (money supply) and Bitcoin's price. Global M2 leads Bitcoin by about 10 weeks, meaning when the global money supply increases, Bitcoin's price often follows 🔍
Investors turn to assets like Bitcoin to hedge against inflation as more money circulates, driving up its price. This highlights Bitcoin's role as a store of value in times of increasing liquidity 🤑
Can you see where the Global M2 is heading us next?