๐จ Global M2 Hits $111 Trillion โ Is Bitcoin the Ultimate Escape Hatch? ๐ช๐
Bitcoin smashed through the ๐ฏK milestone this week, touching $104,000 before cooling to $103,000. This surge followed news that ๐บ๐ธ U.S. and ๐จ๐ณ Chinese officials will meet in Switzerland ๐๏ธ to discuss a potential trade deal. Markets responded fast โ and Bitcoin soared ๐ as investor optimism returned.
But beneath the headlines, the real story is global liquidity ๐.
๐ Macro investor Julien Bittel believes there's a strong link between Bitcoin and global M2 money supply. His data shows a 12-week lag: when M2 rises, Bitcoin tends to follow 3 months later. From 2023 to 2024, global M2 jumped from $98T to $108T โ and Bitcoin broke above $100K ๐ข.
Then M2 paused... and BTC dropped below $80K.
Bittel called it a consolidation phase ๐.
Now? M2 just surged past $111 trillion ๐ฆ. If the pattern holds, Bitcoin could rally again into mid-2025 ๐.
๐ฎ But not everyone agrees...
Crypto analyst Benjamin Cohen points out that Bitcoin peaked in 2017 and 2021 before M2 growth โ suggesting BTC might actually lead, not follow, liquidity changes.
๐ฅ He also highlighted the 2022 crash, where BTC and M2 both fell โ but FTXโs collapse made it worse. Cohen warns that real-world shocks ๐งจ like exchange failures can break the pattern.
So whatโs the verdict? ๐ง
If BTC is leading, this rally might not signal strength โ it could be a red flag for upcoming liquidity tightening โ ๏ธ.
#BTCBackto1000k #BitcoinNews #CryptoMacro #AltcoinSeasonLoading
