Macro Analysis ๐ง
Global M2 reaches new all time highs and approaches USD 130 trillion. ๐
The main country driving this growth is China ๐จ๐ณ, which accounts for 37%, with M2 at USD 47.7 trillion, up 1.37% over the last 30 days, while many other countries are seeing declines in M2, such as Japan ๐ฏ๐ต, India ๐ฎ๐ณ, Argentina ๐ฆ๐ท, Israel ๐ฎ๐ฑ, and South Korea ๐ฐ๐ท.
In simple words ;
Rising global M2 = In long Term Bullish for $BTC ๐ฆ
