Global M2 supply is clearly showing the BTC path.
When M2 supply bottoms, BTC bottoms 3 months after that.
When M2 supply peaks, BTC peaks 3 months after that.
Looking at the M2 supply, it seems like the local top is in.
This means, BTC will peak in July/August followed by a sharp correction.
After that, BTC will continue its rally in Q4 and form a cycle top.
My price target for this cycle is $160K-$180K for BTC.
