Money Supply Is Crashing! Should #Bitcoin Traders Be Fearful?
👇1-11) A frequently discussed macroeconomic indicator is the rise in global money supply, which has grown by more than $50 trillion over the past decade. This surge has seemingly benefited #Bitcoin holders, as the "money printer" effect has fueled its appeal as a hedge. The global money supply recently experienced another sharp increase, historically leading Bitcoin's price movements by about ten weeks. However, it has since reversed course, dropping significantly.
👇2-11) As a result, traders bullish on Bitcoin during the summer based on rising money supply data might now consider shifting to a bearish stance (???). That said, the relationship is more nuanced than it appears, and we’ve provided a deeper analysis with answers below.
👇3-11) Full report: https://mail.10xresearch.co/p/money-supply-is-crashing-should-bitcoin-traders-be-fearful
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