🔥 Is Bitcoin Overdue for a Correction? 🔥
📉 Historical Trends:
Bitcoin has historically tracked global money supply with a ~10-week lag.
In October, money supply hit $108.5T, and Bitcoin soared to an ATH of $108,000.
🔻 Recent Decline:
Over the last 2 months, money supply dropped by $4.1T to $104.4T—the lowest since August.
If the correlation holds, Bitcoin prices could fall by as much as $20,000 in the coming weeks.
🚦 Cooling Ahead? Bitcoin’s red-hot rally may be taking a breather.
💰 Current BTC: $96,131.97 (-0.62%)