Global Capital Market Analysis Service Provider The Kobeeissi Letter states that the price changes of Bitcoin typically lag behind changes in global money supply by about two months (around 70 days). Currently, after reaching a historic high of 108 trillion dollars, the global money supply has recently decreased by about 4 trillion dollars, indicating that the contraction of money supply may exert downward pressure on Bitcoin prices, or suggest that Bitcoin prices could fall to 75,000 dollars.