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 馃攳
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 馃
Can you see where the Global M2 is heading us next?