An indicator that closely resembles the trend of Bitcoin ------ M2 Global Liquidity
1. In fact, looking at Bitcoin based on M2, the stage that BTC is in is a correction phase. There is a time difference of 70-100 days (in advance) between M2 and BTC trends. So whether it’s 70 days or 100 days, the corresponding M2 correction phase has basically been completed, and the subsequent phase might be a surge to new highs, especially with the strong rebound in the past couple of days.
2. From a technical analysis perspective, I believe as long as the weekly close of BTC is not below 102000, it can maintain an upward trend.
3. Actually, I have correctly predicted several major trend directions and approximate bottom/top positions based on M2 🌚#比特币